100+ datasets found
  1. Average gasoline and diesel prices in the U.S. 2022-2025

    • statista.com
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    Average gasoline and diesel prices in the U.S. 2022-2025 [Dataset]. https://www.statista.com/statistics/1293019/us-daily-average-gas-prices/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 18, 2022 - Jul 14, 2025
    Area covered
    United States
    Description

    The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 14, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline and diesel increased that week following greater demand. Real price surge of 2022 and 2023 still below 2011 to 2014 prices When looking at the real price of gasoline over time, U.S. drivers had to pay notably more in the years between 2011 and 2014. The surge in prices noted throughout 2022 and partly for 2023, which followed supply constraints, was still lower in terms of real U.S. dollars. U.S. on the lower-end spectrum of worldwide motor fuel prices The U.S. has some of the lowest conventional motor fuel prices in the world. Although fuel prices are usually higher in high-income countries, the U.S. profits from its position as the world’s largest crude oil producer and can keep retail prices for oil products comparatively low. For example, among high-income countries, prices for automotive premium gasoline (RON 95) were only lower in Russia and Saudi Arabia - countries where crude oil and oil product exports are in part restricted by sanctions, thus keeping domestic supply high.

  2. Gasoline retail price per month in the U.S. 2020-2025, by fuel grade

    • statista.com
    Updated Jul 10, 2025
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    Statista (2025). Gasoline retail price per month in the U.S. 2020-2025, by fuel grade [Dataset]. https://www.statista.com/statistics/204133/retail-prices-of-motor-fuel-in-the-united-states-since-2009/
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    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - Jun 2025
    Area covered
    United States
    Description

    U.S. gasoline prices changed little in June 2025 when compared to the month before. Regular gasoline prices remained at an average of 3.15 U.S. dollars per gallon. In the period of consideration, gasoline prices reached their highest level in June 2022. Differences in fuel grades Fuel grades at U.S. gas stations are differentiated by octane level. Higher grade fuels have higher octane levels, meaning that the fuel can be compressed more in the engine. This enables high-performance engines to create more power. Fuel may also vary from state to state and pump to pump. Some cities also have regulations on gasoline in order to improve air quality. Bioethanol is added to gasoline in some cases to meet the renewable fuel standard. Gasoline-run engines are able to run on blends with a bioethanol percentage of up to 25 percent. Gasoline prices reach historic high Primarily a result of the Russia-Ukraine war and inflation, the annual retail price of gasoline reached a new historic high in 2022, climbing to nearly four U.S. dollars per gallon. By 2024, annual prices had decreased again slightly, reaching 2014 levels.

  3. T

    Natural gas - Price Data

    • tradingeconomics.com
    • pt.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 10, 2025
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    TRADING ECONOMICS (2025). Natural gas - Price Data [Dataset]. https://tradingeconomics.com/commodity/natural-gas
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    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Jul 10, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 3, 1990 - Jul 11, 2025
    Area covered
    World
    Description

    Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

  4. Annual gasoline prices in the United States 1990-2024

    • statista.com
    Updated Feb 5, 2025
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    Statista (2025). Annual gasoline prices in the United States 1990-2024 [Dataset]. https://www.statista.com/statistics/204740/retail-price-of-gasoline-in-the-united-states-since-1990/
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    Dataset updated
    Feb 5, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Gasoline prices in the United States have experienced significant fluctuations over the past three decades, with 2024 seeing an average price of 3.3 U.S. dollars per gallon. This marks a notable decrease from the record high of 3.95 U.S. dollars per gallon in 2022, yet remains considerably higher than prices seen in the early 2000s. Despite this, American consumers continue to enjoy relatively low gasoline prices compared to many other countries, with some European countries paying more than double the U.S. average. Drivers in Hawaii and California pay the most at the pump Gasoline prices vary significantly across the United States, with Hawaii and California consistently ranking as the most expensive states for this fuel. As of January 1, 2025, Hawaii's average price for regular gasoline was 4.54 U.S. dollars per gallon, nearly 1.5 dollars above the national average. California's high prices are largely attributed to its steep gasoline taxes, which reached 68.1 U.S. cents per gallon in January 2024. These taxes play a crucial role in shaping retail prices and are typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development. Patterns in gasoline consumption In a global context, the United States maintains some of the lowest conventional motor fuel prices among high-income countries. This is largely due to its position as the world's largest crude oil producer, allowing it to keep retail prices comparatively low. Despite fluctuations in price, gasoline consumption in the U.S. remains robust, averaging around 8.5 million barrels per day in 2024. Consumption tends to be highest in the summer months and lowest in the winter months due to changing driving behavior.

  5. T

    Gasoline - Price Data

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 11, 2025
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    TRADING ECONOMICS (2025). Gasoline - Price Data [Dataset]. https://tradingeconomics.com/commodity/gasoline
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 3, 2005 - Jul 11, 2025
    Area covered
    World
    Description

    Gasoline rose to 2.19 USD/Gal on July 11, 2025, up 1.65% from the previous day. Over the past month, Gasoline's price has risen 1.03%, but it is still 12.72% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on July of 2025.

  6. T

    EU Natural Gas TTF - Price Data

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +12more
    csv, excel, json, xml
    Updated Jul 14, 2025
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    TRADING ECONOMICS, EU Natural Gas TTF - Price Data [Dataset]. https://tradingeconomics.com/commodity/eu-natural-gas
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    Jul 14, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 12, 2010 - Jul 14, 2025
    Area covered
    World
    Description

    TTF Gas rose to 35.70 EUR/MWh on July 14, 2025, up 0.39% from the previous day. Over the past month, TTF Gas's price has fallen 5.77%, but it is still 12.68% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on July of 2025.

  7. Global monthly fuel price index 2020-2025

    • statista.com
    • ai-chatbox.pro
    Updated Jun 11, 2025
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    Statista (2025). Global monthly fuel price index 2020-2025 [Dataset]. https://www.statista.com/statistics/1302801/monthly-fuel-energy-price-index-worldwide/
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    Dataset updated
    Jun 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - May 2025
    Area covered
    Worldwide
    Description

    The global fuel energy price index stood at 153.15 index points in May 2025, up from 100 in the base year 2016. Figures decreased that month due to lower heating fuel demand and a fall in crude oil prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Global ramifications of the Russia-Ukraine war The invasion of Ukraine by Russia played a role in the surge of global inflation rates. Notably, Argentina bore the brunt, experiencing a hyperinflation rate of 92 percent in 2022. The war also exerted a significant impact on global gross domestic product (GDP) growth. Saudi Arabia emerged with a notable increase of nearly three percent, as several Western nations shifted their exports from Russia to Middle Eastern countries due to the sanctions imposed on the former.

  8. T

    United States - US Regular All Formulations Gas Price

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 7, 2020
    + more versions
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    TRADING ECONOMICS (2020). United States - US Regular All Formulations Gas Price [Dataset]. https://tradingeconomics.com/united-states/us-regular-all-formulations-gas-price-dollar-per-gallon-nsa-fed-data.html
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    Mar 7, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - US Regular All Formulations Gas Price was 3.30400 $ per Gallon in January of 2024, according to the United States Federal Reserve. Historically, United States - US Regular All Formulations Gas Price reached a record high of 3.95100 in January of 2022 and a record low of 1.03000 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US Regular All Formulations Gas Price - last updated from the United States Federal Reserve on June of 2025.

  9. F

    US Regular Conventional Gas Price

    • fred.stlouisfed.org
    json
    Updated Jun 17, 2025
    + more versions
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    (2025). US Regular Conventional Gas Price [Dataset]. https://fred.stlouisfed.org/series/GASREGCOVW
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    jsonAvailable download formats
    Dataset updated
    Jun 17, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for US Regular Conventional Gas Price (GASREGCOVW) from 1990-08-20 to 2025-06-16 about conventional, gas, commodities, and USA.

  10. T

    UK Natural Gas - Price Data

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 11, 2025
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    TRADING ECONOMICS (2025). UK Natural Gas - Price Data [Dataset]. https://tradingeconomics.com/commodity/uk-natural-gas
    Explore at:
    csv, json, xml, excelAvailable download formats
    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 30, 1997 - Jul 11, 2025
    Area covered
    World, United Kingdom
    Description

    UK Gas rose to 85.31 GBp/thm on July 11, 2025, up 1.32% from the previous day. Over the past month, UK Gas's price has fallen 0.15%, but it is still 17.29% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on July of 2025.

  11. Monthly average retail prices for gasoline and fuel oil, by geography

    • www150.statcan.gc.ca
    • open.canada.ca
    • +1more
    Updated Jun 24, 2025
    + more versions
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    Government of Canada, Statistics Canada (2025). Monthly average retail prices for gasoline and fuel oil, by geography [Dataset]. http://doi.org/10.25318/1810000101-eng
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    Dataset updated
    Jun 24, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

  12. U

    United States Natural Gas: Average Residential Price: Louisiana

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Residential Price: Louisiana [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
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    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2023 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Residential Price: Louisiana data was reported at 12.920 USD/1000 Cub ft in Jan 2025. This records a decrease from the previous number of 16.360 USD/1000 Cub ft for Dec 2024. Natural Gas: Average Residential Price: Louisiana data is updated monthly, averaging 10.980 USD/1000 Cub ft from Jan 1989 (Median) to Jan 2025, with 433 observations. The data reached an all-time high of 28.360 USD/1000 Cub ft in Aug 2022 and a record low of 4.430 USD/1000 Cub ft in Feb 1992. Natural Gas: Average Residential Price: Louisiana data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

  13. F

    US Regular All Formulations Gas Price

    • fred.stlouisfed.org
    json
    Updated Jul 8, 2025
    + more versions
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    (2025). US Regular All Formulations Gas Price [Dataset]. https://fred.stlouisfed.org/series/GASREGW
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jul 8, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-07-07 about gas, commodities, and USA.

  14. U

    United States Natural Gas: Average Residential Price: United States

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Residential Price: United States [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
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    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Residential Price: United States data was reported at 12.940 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 12.340 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: United States data is updated monthly, averaging 9.325 USD/1000 Cub ft from Jan 1981 (Median) to Feb 2025, with 530 observations. The data reached an all-time high of 25.390 USD/1000 Cub ft in Aug 2022 and a record low of 3.940 USD/1000 Cub ft in Jan 1981. Natural Gas: Average Residential Price: United States data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

  15. U

    United States Natural Gas: Average Residential Price: Hawaii

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Residential Price: Hawaii [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
    Explore at:
    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Residential Price: Hawaii data was reported at 47.790 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 46.610 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Hawaii data is updated monthly, averaging 33.680 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 65.600 USD/1000 Cub ft in Jun 2022 and a record low of 14.310 USD/1000 Cub ft in Feb 1989. Natural Gas: Average Residential Price: Hawaii data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

  16. U

    United States Natural Gas: Average Residential Price: Minnesota

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Residential Price: Minnesota [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
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    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2023 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Residential Price: Minnesota data was reported at 11.230 USD/1000 Cub ft in Jan 2025. This records an increase from the previous number of 10.630 USD/1000 Cub ft for Dec 2024. Natural Gas: Average Residential Price: Minnesota data is updated monthly, averaging 8.360 USD/1000 Cub ft from Jan 1989 (Median) to Jan 2025, with 433 observations. The data reached an all-time high of 22.630 USD/1000 Cub ft in Aug 2022 and a record low of 3.970 USD/1000 Cub ft in Feb 1991. Natural Gas: Average Residential Price: Minnesota data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

  17. U

    United States Natural Gas: Average Residential Price: Florida

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Residential Price: Florida [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
    Explore at:
    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Residential Price: Florida data was reported at 22.530 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 21.700 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Florida data is updated monthly, averaging 18.250 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 36.450 USD/1000 Cub ft in Aug 2022 and a record low of 6.870 USD/1000 Cub ft in Jan 1990. Natural Gas: Average Residential Price: Florida data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

  18. U

    United States Natural Gas: Average Commercial Price: Oklahoma

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Oklahoma [Dataset]. https://www.ceicdata.com/en/united-states/natural-gas-prices
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    Dataset updated
    Aug 2, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    United States
    Description

    Natural Gas: Average Commercial Price: Oklahoma data was reported at 7.860 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 7.640 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Oklahoma data is updated monthly, averaging 7.980 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 22.690 USD/1000 Cub ft in Aug 2022 and a record low of 3.570 USD/1000 Cub ft in May 1991. Natural Gas: Average Commercial Price: Oklahoma data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P012: Natural Gas Prices.

  19. F

    Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in U.S....

    • fred.stlouisfed.org
    json
    Updated Jun 11, 2025
    + more versions
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    (2025). Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/APU00007471A
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Jun 11, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in U.S. City Average (APU00007471A) from Jan 1978 to May 2025 about energy, gas, retail, price, and USA.

  20. Global monthly natural gas price index 2020-2025

    • statista.com
    • ai-chatbox.pro
    Updated Jun 11, 2025
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    Statista (2025). Global monthly natural gas price index 2020-2025 [Dataset]. https://www.statista.com/statistics/1302994/monthly-natural-gas-price-index-worldwide/
    Explore at:
    Dataset updated
    Jun 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - May 2025
    Area covered
    Worldwide
    Description

    The global natural gas price index stood at 182.56 index points in May 2025. Natural gas prices decreased that month as heating fuel demand continued to fall. The global price index takes into account indices from Europe, Japan, and the United States – some of the largest natural gas trading markets. The U.S. is the leading natural gas exporter in the world. Means of trading natural gas Liquefied natural gas (LNG) is the most common form of trading natural gas. Although piped gas is often the preferred choice for transportation between neighboring producing and consuming countries, seaborne trade as LNG has grown in market volume. This is in part thanks to high consumption in pipeline-inaccessible areas such Japan, Korea, and China, as well as the recent increase in LNG trade by European countries. Major natural gas price benchmarks The natural gas prices often used as global benchmarks are Europe’s Dutch TTF traded on the Intercontinental Exchange, Indonesian LNG in Japan, and the U.S. Henry Hub traded on the New York Mercantile Exchange. 2022 was an especially volatile year for natural gas prices, as supply was severely constrained following sanctions on Russian imports. Other reasons for recent spikes in gas prices are related to issues at refineries, changes in demand, and problems along seaborne supply routes.

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Average gasoline and diesel prices in the U.S. 2022-2025 [Dataset]. https://www.statista.com/statistics/1293019/us-daily-average-gas-prices/
Organization logo

Average gasoline and diesel prices in the U.S. 2022-2025

Explore at:
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Apr 18, 2022 - Jul 14, 2025
Area covered
United States
Description

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 14, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline and diesel increased that week following greater demand. Real price surge of 2022 and 2023 still below 2011 to 2014 prices When looking at the real price of gasoline over time, U.S. drivers had to pay notably more in the years between 2011 and 2014. The surge in prices noted throughout 2022 and partly for 2023, which followed supply constraints, was still lower in terms of real U.S. dollars. U.S. on the lower-end spectrum of worldwide motor fuel prices The U.S. has some of the lowest conventional motor fuel prices in the world. Although fuel prices are usually higher in high-income countries, the U.S. profits from its position as the world’s largest crude oil producer and can keep retail prices for oil products comparatively low. For example, among high-income countries, prices for automotive premium gasoline (RON 95) were only lower in Russia and Saudi Arabia - countries where crude oil and oil product exports are in part restricted by sanctions, thus keeping domestic supply high.

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