100+ datasets found
  1. 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.

  2. 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.

  3. 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
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    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.

  4. T

    United States Gasoline Prices

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jun 15, 2025
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    TRADING ECONOMICS (2025). United States Gasoline Prices [Dataset]. https://tradingeconomics.com/united-states/gasoline-prices
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    xml, excel, json, csvAvailable download formats
    Dataset updated
    Jun 15, 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
    Feb 28, 1991 - Jun 30, 2025
    Area covered
    United States
    Description

    Gasoline Prices in the United States remained unchanged at 0.83 USD/Liter in June. This dataset provides the latest reported value for - United States Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  5. F

    Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in...

    • fred.stlouisfed.org
    json
    Updated Jun 11, 2025
    + more versions
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    (2025). Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/APU000074714
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    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, Unleaded Regular (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074714) from Jan 1976 to May 2025 about energy, gas, retail, price, and USA.

  6. 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.

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

    • statista.com
    Updated Jul 7, 2025
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    Statista (2025). 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 updated
    Jul 7, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Apr 18, 2022 - Jul 7, 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 7, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline decreased that week following a fall in crude oil prices. 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.

  8. 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.

  9. Monthly natural gas prices in the United States and Europe 2015-2025

    • statista.com
    • ai-chatbox.pro
    Updated Jul 2, 2025
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    Statista (2025). Monthly natural gas prices in the United States and Europe 2015-2025 [Dataset]. https://www.statista.com/statistics/673333/monthly-prices-for-natural-gas-in-the-united-states-and-europe/
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    Dataset updated
    Jul 2, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    May 2015 - May 2025
    Area covered
    Europe, United States
    Description

    The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 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 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

  10. 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.

  11. T

    United States - US Regular All Formulations Gas Price

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Dec 5, 2017
    + more versions
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    TRADING ECONOMICS (2017). United States - US Regular All Formulations Gas Price [Dataset]. https://tradingeconomics.com/united-states/us-regular-all-formulations-gas-price-$-per-gallon-w-na-fed-data.html
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Dec 5, 2017
    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 3.21300 $ per Gallon in June of 2025, according to the United States Federal Reserve. Historically, United States - US Regular All Formulations Gas Price reached a record high of 5.00600 in June of 2022 and a record low of 0.90700 in February of 1999. 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 July of 2025.

  12. U

    United States Natural Gas: Average Commercial Price: Oregon

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Oregon [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: Oregon data was reported at 10.770 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 11.220 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Oregon data is updated monthly, averaging 8.640 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 14.100 USD/1000 Cub ft in Jul 2023 and a record low of 4.390 USD/1000 Cub ft in Nov 1998. Natural Gas: Average Commercial Price: Oregon 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. Average gas prices for the Memorial Day holiday period in the U.S. 2010-2024...

    • statista.com
    Updated Jun 27, 2024
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    Statista (2024). Average gas prices for the Memorial Day holiday period in the U.S. 2010-2024 [Dataset]. https://www.statista.com/statistics/428558/average-gas-prices-for-memorial-day-holiday-period-us/
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    Dataset updated
    Jun 27, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    This statistic shows the forecast average gas prices for the Memorial Day holiday period in the United States from 2010 to 2024. In 2024, the average price of gas during the Memorial Day holiday period was estimated at approximately 3.6 U.S. dollars per gallon.

  14. T

    United States - US Premium Conventional Gas Price

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Feb 28, 2020
    + more versions
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    TRADING ECONOMICS (2020). United States - US Premium Conventional Gas Price [Dataset]. https://tradingeconomics.com/united-states/us-premium-conventional-gas-price-dollar-per-gallon-nsa-fed-data.html
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Feb 28, 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 Premium Conventional Gas Price was 3.87100 $ per Gallon in May of 2025, according to the United States Federal Reserve. Historically, United States - US Premium Conventional Gas Price reached a record high of 5.44700 in June of 2022 and a record low of 1.08600 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US Premium Conventional Gas Price - last updated from the United States Federal Reserve on July of 2025.

  15. U

    United States Natural Gas: Average Commercial Price: Colorado

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Colorado [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: Colorado data was reported at 8.240 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 8.410 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Colorado data is updated monthly, averaging 7.070 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 16.700 USD/1000 Cub ft in Sep 2022 and a record low of 3.320 USD/1000 Cub ft in Dec 1996. Natural Gas: Average Commercial Price: Colorado 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. Natural gas commodity prices in Europe and the U.S. 1980-2024

    • statista.com
    • ai-chatbox.pro
    Updated Jun 4, 2025
    + more versions
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    Statista (2025). Natural gas commodity prices in Europe and the U.S. 1980-2024 [Dataset]. https://www.statista.com/statistics/252791/natural-gas-prices/
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    Dataset updated
    Jun 4, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2024, the price of natural gas in Europe reached 11 constant U.S. dollars per million British thermal units, compared with 2.2 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe. What is natural gas and why is it gaining ground in the energy market? Natural gas is commonly burned in power plants with combustion turbines that generate electricity or used as a heating fuel. Given the fact that the world’s energy demand continues to grow, natural gas was seen by some industry leaders as an acceptable "bridge-fuel" to overcome the use of more emission-intensive energy sources such as coal. Subsequently, natural gas has become the main fuel for electricity generation in the U.S., while the global gas power generation share has reached over 22 percent. How domestic production shapes U.S. natural gas prices The combination of hydraulic fracturing (“fracking”) and horizontal drilling can be regarded as one of the oil and gas industry’s biggest breakthroughs in decades, with the U.S. being the largest beneficiary. This technology has helped the industry release unprecedented quantities of gas from deposits, mainly shale and tar sands that were previously thought either inaccessible or uneconomic. It is forecast that U.S. shale gas production could reach 36 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.

  17. Average U.S. Henry Hub natural gas price 1989-2023

    • statista.com
    • ai-chatbox.pro
    Updated Feb 14, 2025
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    Statista (2025). Average U.S. Henry Hub natural gas price 1989-2023 [Dataset]. https://www.statista.com/statistics/383557/us-henry-hub-average-natural-gas-price/
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    Dataset updated
    Feb 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    Average natural gas in the U.S. Henry Hub stood at 2.53 U.S. dollars per million British thermal unit in 2023, a decrease when compared to the previous year. Henry hub natural gas prices peaked in 2008 at 8.85 U.S. dollars per million British thermal unit.

  18. U

    United States Natural Gas: Average Commercial Price: Utah

    • ceicdata.com
    Updated Aug 2, 2024
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    CEICdata.com (2024). United States Natural Gas: Average Commercial Price: Utah [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: Utah data was reported at 8.150 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 8.510 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Utah data is updated monthly, averaging 6.705 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 13.140 USD/1000 Cub ft in Jun 2024 and a record low of 2.860 USD/1000 Cub ft in Apr 1996. Natural Gas: Average Commercial Price: Utah 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. Diesel fuel retail prices per month in the U.S. 2020-2025

    • statista.com
    • aconto.anazko.com
    Updated Jun 10, 2025
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    Statista (2025). Diesel fuel retail prices per month in the U.S. 2020-2025 [Dataset]. https://www.statista.com/statistics/204169/retail-prices-of-diesel-fuel-in-the-united-states-since-2009/
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    Dataset updated
    Jun 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - May 2025
    Area covered
    United States
    Description

    In May 2025, one gallon of diesel cost an average of 3.5 U.S. dollars in the United States. That was a decrease compared to the month prior, and also lower than prices in May 2024. Impact of crude prices on motor fuel consumer prices Diesel prices are primarily determined by the cost of crude oil. In fact, crude oil regularly accounts for around 50 percent of end consumer prices of diesel. As such, supply restrictions or weak demand outlooks influence prices at the pump. The fall in diesel prices noted in the latter half of 2024 is a reflection of lower crude prices. Diesel and gasoline price development The usage of distillate fuel oil began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly applied to commercial use only. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel consumption is far lower than gasoline consumption. In general, gasoline also tends to be more widely available than diesel fuel and usually sells for a lower retail price. However, diesel engines have better fuel economy than gasoline engines, and, as such, tend to be used for large commercial vehicles.

  20. p

    Unleaded Regular Gas Price Statistics

    • priceofgoods.com
    Updated Jun 17, 2025
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    US Bureau of Labor Statistics (2025). Unleaded Regular Gas Price Statistics [Dataset]. https://www.priceofgoods.com/unleaded-regular-gas/
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    Dataset updated
    Jun 17, 2025
    Dataset provided by
    Price of Goods
    Authors
    US Bureau of Labor Statistics
    License

    https://www.bls.gov/opub/opub-rights.htmhttps://www.bls.gov/opub/opub-rights.htm

    Time period covered
    Jun 2023 - May 2025
    Area covered
    United States
    Variables measured
    price
    Measurement technique
    Statistical Survey
    Description

    Historical and current average prices for Unleaded Regular Gas in the United States, measured per gallon

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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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Annual gasoline prices in the United States 1990-2024

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14 scholarly articles cite this dataset (View in Google Scholar)
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.

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