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.
U.S. gasoline prices decreased across all fuel grades in July 2025 when compared to the month before. Regular gasoline prices rose to an average of 3.17 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.
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Natural gas fell to 3.40 USD/MMBtu on October 2, 2025, down 2.06% from the previous day. Over the past month, Natural gas's price has risen 11.11%, and is up 14.63% compared to the same time last year, 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 October of 2025.
The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on September 29, 2025. This compared to a diesel price of *** U.S. dollars per gallon. Prices for gasoline and diesel remained stable that week. 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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Gasoline fell to 1.85 USD/Gal on October 2, 2025, down 1.96% from the previous day. Over the past month, Gasoline's price has fallen 7.97%, and is down 11.87% compared to the same time last year, 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 October of 2025.
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View weekly updates and historical trends for US Retail Gas Price. from United States. Source: Energy Information Administration. Track economic data with…
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Graph and download economic data for US Regular Conventional Gas Price (GASREGCOVW) from 1990-08-20 to 2025-09-08 about conventional, gas, commodities, and USA.
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.
The global fuel energy price index stood at 165.09 index points in July 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas 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. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.
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TTF Gas rose to 31.44 EUR/MWh on October 3, 2025, up 1.33% from the previous day. Over the past month, TTF Gas's price has fallen 2.99%, and is down 22.83% compared to the same time last year, 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 October of 2025.
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Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-09-29 about gas, commodities, and USA.
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.
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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 September of 2025.
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Natural Gas: Average Commercial Price: Maryland data was reported at 12.370 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 13.260 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Maryland data is updated monthly, averaging 9.660 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 19.900 USD/1000 Cub ft in Aug 2022 and a record low of 4.630 USD/1000 Cub ft in Apr 1992. Natural Gas: Average Commercial Price: Maryland 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.
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UK Gas rose to 81.02 GBp/thm on October 3, 2025, up 2.27% from the previous day. Over the past month, UK Gas's price has risen 2.40%, but it is still 20.56% lower 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 October of 2025.
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Natural Gas: Average Residential Price: Arkansas data was reported at 15.250 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 15.290 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: Arkansas data is updated monthly, averaging 11.080 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 433 observations. The data reached an all-time high of 27.200 USD/1000 Cub ft in Aug 2022 and a record low of 4.310 USD/1000 Cub ft in Feb 1989. Natural Gas: Average Residential Price: Arkansas 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.
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Natural Gas: Average Residential Price: New Hampshire data was reported at 16.820 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 16.810 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: New Hampshire data is updated monthly, averaging 14.105 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 35.100 USD/1000 Cub ft in Sep 2022 and a record low of 5.650 USD/1000 Cub ft in Apr 1995. Natural Gas: Average Residential Price: New Hampshire 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.
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Natural Gas: Average Residential Price: Maine data was reported at 14.450 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 16.700 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Residential Price: Maine data is updated monthly, averaging 14.165 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 40.380 USD/1000 Cub ft in Aug 2022 and a record low of 6.590 USD/1000 Cub ft in Jan 1991. Natural Gas: Average Residential Price: Maine 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.
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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.
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View monthly updates and historical trends for California Retail Gas Price. Source: Energy Information Administration. Track economic data with YCharts an…
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.