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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Gasoline increased 0.22 USD/GAL or 10.89% since the beginning of 2025, 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 March of 2025.
In the second quarter of 2022, the average retail price for a gallon of regular gasoline stood at around 4.49 U.S. dollars, up from the previous quarter.
A glut in oil supply between 2014 and 2016 forced down prices and led to a low average U.S. gasoline price of roughly 1.9 U.S. dollars per gallon in the first quarter. Gasoline prices fluctuated considerably between 2019 and 2020 as a result of tensions between the United States and other oil exporters, such as Iran, and stifling oil demand during the Covid-19 pandemic. The price of West Texas Intermediate briefly dipped in the negative in April 2020.
Seasonal price variations
There are periodic fluctuations in gasoline prices in the United States, where the second and third quarters are typically more expensive than the rest of the year. One of the factors contributing to changing gasoline prices is a decrease in production from refineries due to maintenance work in tandem with an increase in demand, as holiday goers make road-trips. Gasoline will revert to cheaper winter-grade in September. Annual motor vehicle consumption in the United States was around 128 billion gallons as of 2020.
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Gasoline Prices in the United States increased to 0.82 USD/Liter in February from 0.81 USD/Liter in January of 2025. 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.
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.
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Turkey: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 1.42 dollars, a decline from 2.06 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Turkey from 1995 to 2016 is 1.54 dollars. The minimum value, 0.56 dollars, was reached in 1995 while the maximum of 2.54 dollars was recorded in 2012.
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.
This statistic shows the average fuel sales price of Speedway gas stations in the United States from 2016 to 2019. In 2018, Speedway had an average fuel sales price of 2.64 U.S. dollars per gallon in the United States.
Gasoline price of Mexico sank by 29.13% from 1.03 US dollars per liter in 2014 to 0.73 US dollars per liter in 2016. Since the 6.17% jump in 2012, gasoline price plummeted by 15.12% 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.
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Gasoline Prices in Kazakhstan increased to 0.49 USD/Liter in February from 0.47 USD/Liter in January of 2025. This dataset provides - Kazakhstan Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.
This dataset contains information about gasoline prices for 1991-2016.
Data from German Agency for International Cooperation ( GIZ ).
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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.
The retail price for E85 fuel in the United States stood at 3.56 U.S. dollars per gasoline gallon equivalent on October 1, 2024. E85 fuel tends to sell for around 0.20 to 0.30 U.S. dollars more than regular gasoline, although the discrepancy was greater in 2022. The lowest fuel prices were recorded in April 2020 - at the height of the pandemic-induced oil crisis, when the E85 fuel price was 2.28 U.S. dollars per gasoline gallon equivalent. E85 fuel is an 85 percent ethanol fuel blended with gasoline. Biofuel share in transportation duel demand to increase The consumption of fuel ethanol in the United States has seen notable growth, reaching approximately 14.2 billion gallons in 2023. This increase aligns with the expanding role of biofuels in the transportation sector, which accounted for about seven percent of fuel demand in 2023. Projections suggest this share will rise to eight percent by 2030, even as overall fuel demand is expected to decrease. Economic impact of the ethanol industry Beyond its role in fuel markets, the ethanol industry has become a significant contributor to the U.S. economy. In 2023, it generated around 72,500 direct jobs and 322,000 indirect or induced jobs. The industry's economic footprint extended to a 54.2 billion U.S. dollar contribution to the country's GDP and 32.5 billion U.S. dollars in household income. This economic impact, coupled with the ongoing trade in biofuels - including exports of over 5.9 million barrels of biodiesel in 2023 - demonstrates the multifaceted significance of the biofuel sector in the United States.
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Ireland: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 1.37 dollars, a decline from 1.92 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Ireland from 1995 to 2016 is 1.35 dollars. The minimum value, 0.72 dollars, was reached in 2000 while the maximum of 2.02 dollars was recorded in 2012.
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DE: Gasoline Price: Without Taxes: LPG Motor Fuel data was reported at 584.430 EUR/1000 l in 10 Mar 2025. This stayed constant from the previous number of 584.430 EUR/1000 l for 03 Mar 2025. DE: Gasoline Price: Without Taxes: LPG Motor Fuel data is updated weekly, averaging 430.050 EUR/1000 l from Jan 2005 (Median) to 10 Mar 2025, with 1005 observations. The data reached an all-time high of 893.070 EUR/1000 l in 09 May 2022 and a record low of 313.480 EUR/1000 l in 17 Oct 2016. DE: Gasoline Price: Without Taxes: LPG Motor Fuel data remains active status in CEIC and is reported by European Commission's Directorate-General for Energy. The data is categorized under Global Database’s Germany – Table DE.DG ENER: Gasoline Price.
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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 Feb 2025 about energy, gas, retail, price, and USA.
The global fuel energy price index stood at 188.62 index points in January 2025, up from 100 in the base year 2016. Figures increased that month due to a rise in crude oil prices as a result of new sanctions on Russian oil and greater heating fuel demand. 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.
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Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Atlanta-Sandy Springs-Roswell, GA (CBSA) (APUS35C7471A) from Jan 1978 to Feb 2025 about Atlanta, energy, gas, GA, urban, retail, price, and USA.
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Togo: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.71 dollars, a decline from 1.25 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Togo from 1991 to 2016 is 0.81 dollars. The minimum value, 0.42 dollars, was reached in 1998 while the maximum of 1.25 dollars was recorded in 2014.
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Poland - Gas prices: Non-household, medium size consumers was EUR19.63 Gigajoule (gross calorific value - GCV) in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Poland - Gas prices: Non-household, medium size consumers - last updated from the EUROSTAT on March of 2025. Historically, Poland - Gas prices: Non-household, medium size consumers reached a record high of EUR28.56 Gigajoule (gross calorific value - GCV) in December of 2023 and a record low of EUR7.36 Gigajoule (gross calorific value - GCV) in December of 2016.
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.