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.

About the Project

KAPSARC is analyzing the shifting dynamics of the global gas markets. Global gas markets have turned upside down during the past five years: North America has emerged as a large potential future LNG exporter while gas demand growth has been slowing down as natural gas gets squeezed between coal and renewables. While the coming years will witness the fastest LNG export capacity expansion ever seen, many questions are raised on the next generation of LNG supply, the impact of low oil and gas prices on supply and demand patterns and how pricing and contractual structure may be affected by both the arrival of U.S. LNG on global gas markets and the desire of Asian buyers for cheaper gas.

Key Points

In the past year, global gas prices have dropped significantly, albeit at unequal paces depending on the region. All else being equal, economists would suggest that this should have generated a positive demand response. However, “all else” was not equal. Prices of other commodities also declined while economic growth forecasts were downgraded.

Prices at benchmark points such as the U.K. National Balancing Point (NBP), U.S. Henry Hub (HH) and Japan/Korea Marker (JKM) slumped due to lower oil prices, liquefied natural gas (LNG) oversupply and unseasonal weather. Yet, the prices of natural gas in local currencies have increased in a number of developing countries in Africa, the Middle East, Latin America, former Soviet Union (FSU) and Asia.

North America experienced demand growth while gas in Europe and Asia faced rising competition from cheaper coal, renewables and, in some instances, nuclear. Gains to European demand were mostly weather related while increases in Africa and Latin America were not significant.

For LNG, Europe became the market of last resort as Asian consumption declined. Moreover, an anticipated surge in LNG supply, brought on by several new projects, may lead to a confrontation with Russian or other pipeline gas suppliers to Europe. At the same time, Asian buyers are seeking concessions on pricing and flexibility in their long-term contracts.

Looking ahead, natural gas has to prove itself a credible and affordable alternative to coal, notably in Asia, if the world is to reach its climate change targets. The future of the gas industry will also depend on oil prices, evolution of Chinese energy demand and impact of COP21 on national energy policies. Current low prices mean there is likely to be a pause in final investment decisions (FIDs) on LNG projects in the coming years.

The electricity prices for household end users (including taxes, levies, and VAT) in the European Union increased by 0.01 euro cents per kWh (+12.5 percent) in the first half of 2022. Therefore, the electricity prices in the European Union reached a peak in the first half of 2022 with 0.09 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about the European Union with key insights such as natural gas prices for household end users incl. tax.

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.

Series of Pacific Fuel Monitors produced on a quarterly basis from 2014 - 2015. Captures:

• regional retail fuel prices
• unleaded motor gasoline prices (mogas)
• automotive diesel oil (ADO) prices
• kerosene prices
• liquefied petroleum gas (LPG)
• international market pricing trends
• regional fuel specification.

Documents are prepared by the Secretariat of the Pacific Community - Petroleum Advisory Service.

Keywords: petroleum, fossil fuel, price, monitor, fuel price monitor, pfpm

A tabular presentation of private sector forecasts of British Columbia natural gas prices for the calendar years 2012, 2013 and 2014, including values adjusted to the fiscal years 2012-13, 2013-14 and 2014-15

The electricity prices for household end users (including taxes, levies, and VAT) in Slovenia increased by 0.01 euro cents per kWh (+16.67 percent) in the first half of 2022. Therefore, the electricity prices in Slovenia reached a peak in the first half of 2022 with 0.07 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Slovenia with key insights such as natural gas prices for household end users incl. tax.

This is a version of the gas prices dataset used in the following paper:Data Polygamy: The Many-Many Relationships among Urban Spatio-Temporal Data Sets, F. Chirigati, H. Doraiswamy, T. Damoulas, and J. Freire. In Proceedings of the 2016 ACM SIGMOD International Conference on Management of Data (SIGMOD), 2016The dataset includes records of the average gasoline price in dollars per gallon for New York, from 2000 to 2014. The original data is available at the U.S. Energy Information Administration website: https://www.eia.gov/petroleum/gasdiesel/xls/pswrgvwall.xls

The electricity prices for household end users (including taxes, levies, and VAT) in Lithuania increased significantly by 0.02 euro cents per kWh (+50 percent) in the previous six months. Therefore, the electricity prices in Lithuania reached a peak in the first half of 2022 with 0.06 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Lithuania with key insights such as natural gas prices for household end users incl. tax.

In the first half of 2022, the electricity prices for household end users (including taxes, levies, and VAT) in Latvia increased by 0.01 euro cents per kWh (+25 percent) in the second half of 2021. With 0.05 euro cents per kWh, the electricity prices thereby reached their highest value in the observed period.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about Latvia with key insights such as natural gas prices for household end users incl. tax.

Natural Gas Price: TP: HH: 55000 kWh and Above data was reported at 212.480 SEK/kWh in Dec 2024. This records a decrease from the previous number of 314.720 SEK/kWh for Jun 2024. Natural Gas Price: TP: HH: 55000 kWh and Above data is updated semiannually, averaging 124.640 SEK/kWh from Dec 2014 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 314.720 SEK/kWh in Jun 2024 and a record low of 91.940 SEK/kWh in Dec 2014. Natural Gas Price: TP: HH: 55000 kWh and Above data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P005: Natural Gas Price.

Lebanon: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.74 dollars, a decline from 0.96 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Lebanon from 1998 to 2016 is 0.77 dollars. The minimum value, 0.35 dollars, was reached in 1998 while the maximum of 1.13 dollars was recorded in 2010.

Gasoline Prices in Egypt increased to 0.36 USD/Liter in September from 0.35 USD/Liter in August of 2025. This dataset provides - Egypt Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The electricity prices for household end users (including taxes, levies, and VAT) in the Netherlands increased by 0.01 euro cents per kWh (+9.09 percent) in the first half of 2022. Therefore, the electricity prices in the Netherlands reached a peak in the first half of 2022 with 0.12 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.Find more statistics on other topics about the Netherlands with key insights such as natural gas prices for household end users incl. tax.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in July 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

A tabular presentation of private sector forecasts of British Columbia natural gas prices for the calendar years 2012, 2013 and 2014, including values adjusted to the fiscal years 2012-13, 2013-14 and 2014-15

Ecuador Consumer Price Index (CPI): HW: OR: Security Service for Housing data was reported at 114.763 2014=100 in Jun 2018. This stayed constant from the previous number of 114.763 2014=100 for May 2018. Ecuador Consumer Price Index (CPI): HW: OR: Security Service for Housing data is updated monthly, averaging 111.149 2014=100 from Jan 2015 (Median) to Jun 2018, with 42 observations. The data reached an all-time high of 114.763 2014=100 in Jun 2018 and a record low of 102.807 2014=100 in Jan 2015. Ecuador Consumer Price Index (CPI): HW: OR: Security Service for Housing data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Ecuador – Table EC.I006: Consumer Price Index: 2014=100: Housing, Water, Electricity, Gas and Other Fuels.

Gasoline Prices in Russia decreased to 0.76 USD/Liter in September from 0.79 USD/Liter in August of 2025. This dataset provides the latest reported value for - Russia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Explore the Consumer Price Index dataset for United Arab Emirates, covering various categories such as Food and Beverages, Transportation, Housing, and more. Stay informed about the cost of living trends with this valuable resource.

Consumer price index, Recreational and culture, Food and Beverages, Restaurants and Hotels, Education, Transportation, Communications, Medical care, Miscellaneous goods and services, Textiles, clothing and footwear, Furniture, household goods, Tobacco, Housing, Water, Electricity, Gas, CPI, Cost of living, Household, Food, Transportation, Price

United Arab EmiratesFollow data.kapsarc.org for timely data to advance energy economics research..(2014=100)

Gasoline price of Germany sank by 22.78% from 1.80 US dollars per liter in 2014 to 1.39 US dollars per liter in 2016. Since the 3.16% upward trend in 2012, gasoline price plummeted by 29.08% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.