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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.
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.
Beginning in 2005, the Division of Community and Regional Affairs began collecting prices of heating fuel and unleaded gasoline in 100 select communities. The communities have remained constant since the project’s inception. The prices for unleaded gasoline in these 100 communities are collected via a telephone survey of each fuel retailer and reflect an “at the pump” price per gallon (including tax) on the day of contact. The survey is generally conducted once during the summer and once during the winter in any given year.
The global fuel energy price index stood at 153.15 index points in May 2025, up from 100 in the base year 2016. Figures decreased that month due to lower heating fuel demand and a fall in crude oil 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. 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.
The global natural gas price index stood at 182.56 index points in May 2025. Natural gas prices decreased that month as heating fuel demand continued to fall. The global price index takes into account indices from Europe, Japan, and the United States – some of the largest natural gas trading markets. The U.S. is the leading natural gas exporter in the world. Means of trading natural gas Liquefied natural gas (LNG) is the most common form of trading natural gas. Although piped gas is often the preferred choice for transportation between neighboring producing and consuming countries, seaborne trade as LNG has grown in market volume. This is in part thanks to high consumption in pipeline-inaccessible areas such Japan, Korea, and China, as well as the recent increase in LNG trade by European countries. Major natural gas price benchmarks The natural gas prices often used as global benchmarks are Europe’s Dutch TTF traded on the Intercontinental Exchange, Indonesian LNG in Japan, and the U.S. Henry Hub traded on the New York Mercantile Exchange. 2022 was an especially volatile year for natural gas prices, as supply was severely constrained following sanctions on Russian imports. Other reasons for recent spikes in gas prices are related to issues at refineries, changes in demand, and problems along seaborne supply routes.
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Gasoline (All Types) in U.S. City Average (CUUR0000SETB01) from Mar 1935 to May 2025 about gas, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
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Gasoline Prices in Canada remained unchanged at 1.08 USD/Liter in June. This dataset provides the latest reported value for - Canada Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In 2021, natural gas price for industries with an annual consumption of greater than 100 thousand gigajoules stood at 2.47 euro cents per kilowatt hour in Luxembourg. The first time prices stood below two euro cents per kilowatt hour was in the previous year. In the period of consideration, natural gas price for industries with an annual consumption lower than 100 thousand gigajoules was generally more expensive, with figures amounting to 3.22 euro cents per kilowatt hour in 2021.
The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of May. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.
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CN: CPI: Gasoline data was reported at 99.400 Prev Year=100 in Jan 2025. This records an increase from the previous number of 96.000 Prev Year=100 for Dec 2024. CN: CPI: Gasoline data is updated monthly, averaging 110.500 Prev Year=100 from Jul 2018 (Median) to Jan 2025, with 53 observations. The data reached an all-time high of 136.700 Prev Year=100 in Nov 2021 and a record low of 80.600 Prev Year=100 in Jun 2020. CN: CPI: Gasoline data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: Same Month PY=100.
This indicator presents the natural gas prices charged to final consumers. Natural gas prices for non-household consumers are defined as follows: Average national price in Euro per Giga Joule (GJ) without taxes applicable for the first semester of each year for medium size industrial consumers (Consumption Band I3 with annual consumption between 10 000 and 100 000 GJ). Natural gas prices for household consumers are defined as follows: Average national price in Euro per GJ including taxes and levies applicable for the first semester of each year for medium size household consumers (Consumption Band D2 with annual consumption between 20 and 200 GJ).
The annual average consumer price index (CPI) of gas in the United Kingdom stood at *** index points in 2023. The year 2015 was the base year and equals 100. Prices drastically increased compared to the previous years.
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In the fourth quarter of 2023, the price of neon gas in Germany reached 827 USD/MT by December. This report delves into the spot price of neon gas at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed neon gas price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Product
| Category | Region | Price |
---|---|---|---|
Neon Gas | Others | Germany | 827 USD/MT |
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CN: CPI: Liquefied Petroleum Gas data was reported at 104.900 Prev Year=100 in Jan 2023. This records an increase from the previous number of 104.600 Prev Year=100 for Nov 2022. CN: CPI: Liquefied Petroleum Gas data is updated monthly, averaging 116.600 Prev Year=100 from Jun 2021 (Median) to Jan 2023, with 11 observations. The data reached an all-time high of 127.100 Prev Year=100 in Mar 2022 and a record low of 104.600 Prev Year=100 in Nov 2022. CN: CPI: Liquefied Petroleum Gas data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IA: Consumer Price Index: Same Month PY=100.
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Since December 2020, in compliance with government policy, the price has not been adjusted. Therefore, the effective date of the price is December 2, 2020.Purpose of collection: This dataset mainly provides inquiries of various liquefied petroleum gas prices of Taiwan's CPC Corporation (including historical and latest price information) for customers to use for enquiries. The data source is internal company data.Microsoft Tutorial: Adding and Removing Web Servicehttps://msdn.microsoft.com/en-us/library/d9w023sx(vvs.100).aspxMicrosoft Tutorial: Calling Web Servicehttps://msdn.microsoft.com/en-us/library/6h0yh8f9(vvs.100).aspx
In the first half of 2021, natural gas price for industries in Spain with an annual consumption between 100 thousand and one million gigajoule stood at 2.24 euro cents per kilowatt hour. Figures for a consumption of less than 100 thousand gigajoule stood at 2.37 euro cents per kilowatt hour. In the period of consideration, prices for natural gas for industries with an annual consumption of less than 100,000 gigajoule reached a peak in 2013 going from three euro cents per kilowatt hour in 2008 to 3.83 euro cents per kilowatt hour. In 2017 the prices had a slight decrease falling to 2.83 euro cents per kilowatt. In the case of an annual consumption of more than 100,000 gigajoule and less than 1 million gigajoule, the behavior of the prices for this period of time is similar.
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In the fourth quarter of 2023, the price of liquefied natural gas in India reached 589 USD/MT by December. Similarly, in Germany, the liquefied natural gas prices hit 654 USD/MT during the same month in 2023.
Product
| Category | Region | Price |
---|---|---|---|
Liquefied Natural Gas | Others | India | 589 USD/MT |
Liquefied Natural Gas | Others | Germany | 654 USD/MT |
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Annual national average natural gas prices, in euro per Gigajoule, charged to medium size households (annual consumption between 20 and 200 GJ) and medium size non-household consumers (annual consumption between 10 000 and 100 000 GJ). Prices include energy, supply and network costs, plus VAT and the rest of taxes.
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San Diego, CA (MSA) - Consumer Price Index for All Urban Consumers: Gasoline (all types) in San Diego-Carlsbad, CA (CBSA) was 381.84600 Index 1982-84=100 in January of 2024, according to the United States Federal Reserve. Historically, San Diego, CA (MSA) - Consumer Price Index for All Urban Consumers: Gasoline (all types) in San Diego-Carlsbad, CA (CBSA) reached a record high of 434.81700 in January of 2022 and a record low of 80.00000 in January of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for San Diego, CA (MSA) - Consumer Price Index for All Urban Consumers: Gasoline (all types) in San Diego-Carlsbad, CA (CBSA) - last updated from the United States Federal Reserve on July of 2025.
After some fluctuation in the oil industry's early years, where prices were incredibly high for that time period due to low supply, the cost of oil in the U.S. remained below five U.S. dollars per barrel in the century between the 1870s and 1970s. Due to the 1973 Arab-Israeli War, the Arab OPEC states then placed an embargo on Israel's allies, particularly the United States, which resulted in domestic prices almost doubling within two years. Less than a decade later, due to the Iranian Revolution, domestic prices in the U.S. more than tripled between 1978 and 1981. Domestic prices in the U.S. were very subject to those within the OPEC bloc, as OPEC-produced oil was often much cheaper than U.S. oil even after duties and transport fees were applied. U.S. production then fell from the 1980s to the 2010s, and high production costs were then passed on to consumers. Prices peaked between 2008 and 2013, at around 95 dollars per barrel, before the developments in unconventional oil industries, such as shale oil refinement, fracking, and horizontal mining, have seen prices fluctuate in recent years
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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.