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 increased across all major grades in March 2025. 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 2023, annual prices had decreased again slightly, reaching 2013 levels.

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.

Interactive chart illustrating the history of Henry Hub natural gas prices. The prices shown are in U.S. dollars.

Natural Gas Imports: Average Price: LNG: Nigeria data was reported at 7.110 USD/1000 Cub ft in Dec 2017. This records an increase from the previous number of 5.820 USD/1000 Cub ft for Jan 2017. Natural Gas Imports: Average Price: LNG: Nigeria data is updated monthly, averaging 5.260 USD/1000 Cub ft from Jun 2000 (Median) to Dec 2017, with 83 observations. The data reached an all-time high of 15.740 USD/1000 Cub ft in Sep 2013 and a record low of 0.000 USD/1000 Cub ft in Jun 2013. Natural Gas Imports: Average Price: LNG: Nigeria data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.P007: Natural Gas Price.

A tabular presentation of private sector forecasts of British Columbia natural gas prices for the calendar years 2013, 2014 and 2015, including values adjusted to the fiscal years 2013-14, 2014-15 and 2015-16

Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data was reported at 5.100 % in Feb 2013. This stayed constant from the previous number of 5.100 % for Jan 2013. Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data is updated monthly, averaging 5.100 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 6.500 % in Aug 2009 and a record low of 5.100 % in Feb 2013. Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Gasoline Prices in Russia increased to 0.76 USD/Liter in May from 0.75 USD/Liter in April 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.

A tabular presentation of private sector forecasts of British Columbia natural gas prices for the calendar years 2013, 2014 and 2015, including values adjusted to the fiscal years 2013-14, 2014-15 and 2015-16

In April 2025, electricity prices in the United Kingdom amounted to 93.5 British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged 363.7 British pounds per megawatt-hour.
Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

Graph and download economic data for Harmonized Index of Consumer Prices: Gas for European Union (CP0452EUCCM086NEST) from Jan 1996 to Mar 2025 about EU, harmonized, gas, Europe, CPI, price index, indexes, and price.

Belgium Consumer Price Index (CPI): Accommodation, Water, Electricity, Gas data was reported at 143.590 2013=100 in Apr 2025. This records a decrease from the previous number of 146.685 2013=100 for Mar 2025. Belgium Consumer Price Index (CPI): Accommodation, Water, Electricity, Gas data is updated monthly, averaging 100.834 2013=100 from Jan 2006 (Median) to Apr 2025, with 232 observations. The data reached an all-time high of 161.488 2013=100 in Oct 2022 and a record low of 78.376 2013=100 in Jan 2006. Belgium Consumer Price Index (CPI): Accommodation, Water, Electricity, Gas data remains active status in CEIC and is reported by Directorate-General Statistics - Statistics Belgium. The data is categorized under Global Database’s Belgium – Table BE.I007: Consumer Price Index: 2013=100.

Graph and download economic data for Average Price: Utility (Piped) Gas - 40 Therms in Size Class D (APUD00072601) from Jan 1987 to Jun 2013 about utilities, energy, retail, price, and USA.

Korea Retail Price: Town Gas: Business data was reported at 15.000 KRW/MJ in Aug 2018. This stayed constant from the previous number of 15.000 KRW/MJ for Jul 2018. Korea Retail Price: Town Gas: Business data is updated monthly, averaging 17.230 KRW/MJ from Jan 2013 (Median) to Aug 2018, with 68 observations. The data reached an all-time high of 23.170 KRW/MJ in Mar 2014 and a record low of 14.000 KRW/MJ in Jun 2018. Korea Retail Price: Town Gas: Business data remains active status in CEIC and is reported by Korea Energy Economics Institute. The data is categorized under Global Database’s South Korea – Table KR.P001: Energy Retail Price.

As of April 2025, the average annual price of Brent crude oil stood at 73.89 U.S. dollars per barrel. This is some seven U.S. dollars lower than the 2024 average. Brent is the world's leading price benchmark for Atlantic basin crude oils. Crude oil is one of the most closely observed commodity prices as it influences costs across all stages of the production process and consequently alters the price of consumer goods as well. What determines crude oil benchmarks? In the past decade, crude oil prices have been especially volatile. Their inherent inelasticity regarding short-term changes in demand and supply means that oil prices are erratic by nature. However, since the 2009 financial crisis, many commercial developments have greatly contributed to price volatility; such as economic growth by BRIC countries like China and India, and the advent of hydraulic fracturing and horizontal drilling in the U.S. The outbreak of the coronavirus pandemic and the Russia-Ukraine war are examples of geopolitical events dictating prices. Light crude oils - Brent and WTI Brent Crude is considered a classification of sweet light crude oil and acts as a benchmark price for oil around the world. It is considered a sweet light crude oil due to its low sulfur content and a low density and may be easily refined into gasoline. This oil originates in the North Sea and comprises several different oil blends, including Brent Blend and Ekofisk crude. Often, this crude oil is refined in Northwest Europe. Another sweet light oil often referenced alongside UK Brent is West Texas Intermediate (WTI). WTI oil prices amounted to 76.55 U.S. dollars per barrel in 2024.

Indonesia Wholesale Price Index: International Trade: Exports: Oil & Gas data was reported at 144.000 2010=100 in Jan 2019. This records an increase from the previous number of 141.750 2010=100 for Dec 2018. Indonesia Wholesale Price Index: International Trade: Exports: Oil & Gas data is updated monthly, averaging 137.920 2010=100 from Jan 2013 (Median) to Jan 2019, with 73 observations. The data reached an all-time high of 204.730 2010=100 in Oct 2018 and a record low of 72.950 2010=100 in Feb 2016. Indonesia Wholesale Price Index: International Trade: Exports: Oil & Gas data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Global Database’s Indonesia – Table ID.IB001: Wholesale Price Index.

Interactive chart showing the daily closing price for West Texas Intermediate (NYMEX) Crude Oil over the last 10 years. The prices shown are in U.S. dollars.

Brazil IPCA: Weights: Rio de Janeiro: Housing: Fuel & Energy: Fuel: Bottled Gas data was reported at 1.036 % in Jun 2019. This records an increase from the previous number of 1.032 % for May 2019. Brazil IPCA: Weights: Rio de Janeiro: Housing: Fuel & Energy: Fuel: Bottled Gas data is updated monthly, averaging 0.914 % from Jan 2012 (Median) to Jun 2019, with 90 observations. The data reached an all-time high of 1.089 % in Jul 2018 and a record low of 0.852 % in Jan 2013. Brazil IPCA: Weights: Rio de Janeiro: Housing: Fuel & Energy: Fuel: Bottled Gas data remains active status in CEIC and is reported by Brazilian Institute of Geography and Statistics. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IC065: Consumer Price Index: Broad Category (IPCA): POF 2008-2009: Dec1993=100: Weights: by Municipality: Rio de Janeiro.

United States - Consumer Price Index for All Urban Consumers: Motor Fuel in Midwest - Size Class D (DISCONTINUED) was 185.49300 Index 1982-84=100 in July of 2017, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: Motor Fuel in Midwest - Size Class D (DISCONTINUED) reached a record high of 277.17000 in January of 2013 and a record low of 69.80000 in July of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: Motor Fuel in Midwest - Size Class D (DISCONTINUED) - last updated from the United States Federal Reserve on June of 2025.

Indonesia Wholesale Price Index: International Trade: Imports: Oil & Gas data was reported at 161.110 2010=100 in Dec 2018. This records a decrease from the previous number of 178.680 2010=100 for Nov 2018. Indonesia Wholesale Price Index: International Trade: Imports: Oil & Gas data is updated monthly, averaging 150.790 2010=100 from Jan 2013 (Median) to Dec 2018, with 72 observations. The data reached an all-time high of 209.100 2010=100 in Jun 2014 and a record low of 93.170 2010=100 in Feb 2016. Indonesia Wholesale Price Index: International Trade: Imports: Oil & Gas data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB001: Wholesale Price Index.