The average price for regular gasoline in the United States stood at 3.08 U.S. dollars per gallon on March 17, 2025. This compared to a diesel price of 3.59 U.S. dollars per gallon. Prices for gasoline and diesel decreased 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.
U.S. gasoline prices increased across all major grades in February 2025. Regular gasoline prices rose to an average of 3.12 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.
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Natural Gas: Average Commercial Price: Kentucky data was reported at 8.720 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 10.370 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Kentucky data is updated monthly, averaging 8.660 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 19.370 USD/1000 Cub ft in Aug 2008 and a record low of 3.970 USD/1000 Cub ft in Jun 1993. Natural Gas: Average Commercial Price: Kentucky 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 Commercial Price: Maryland data was reported at 11.930 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 14.760 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Maryland data is updated monthly, averaging 9.625 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 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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Natural Gas: Average Commercial Price: Ohio data was reported at 7.370 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 7.820 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Ohio data is updated monthly, averaging 6.915 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 430 observations. The data reached an all-time high of 16.610 USD/1000 Cub ft in Jul 2008 and a record low of 4.050 USD/1000 Cub ft in Mar 1990. Natural Gas: Average Commercial Price: Ohio 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 Commercial Price: Oregon data was reported at 12.400 USD/1000 Cub ft in Dec 2024. This records an increase from the previous number of 12.000 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Commercial Price: Oregon data is updated monthly, averaging 8.605 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 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.
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Natural gas increased 0.21 USD/MMBtu or 5.84% since the beginning of 2025, 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 March of 2025.
In February 2025, one gallon of diesel cost an average of 3.68 U.S. dollars in the United States. That was an increase compared to two months prior, which was the lowest price in the past 24-month period. 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.
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Natural Gas: Average Residential Price: Hawaii data was reported at 44.370 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 47.130 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Residential Price: Hawaii data is updated monthly, averaging 33.585 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 65.600 USD/1000 Cub ft in Jun 2022 and a record low of 14.310 USD/1000 Cub ft in Feb 1989. Natural Gas: Average Residential Price: Hawaii 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.
The average consumer price of one liter of motor gasoline in Russia stood at around 60 Russian rubles in November 2024, having increased from the previous month and reached a peak value over the observed period. The monthly price was declining from September to November 2023.
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Natural Gas: Average Residential Price: Idaho data was reported at 6.740 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 6.880 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Residential Price: Idaho data is updated monthly, averaging 8.190 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 18.640 USD/1000 Cub ft in Jul 2024 and a record low of 4.640 USD/1000 Cub ft in Jan 1990. Natural Gas: Average Residential Price: Idaho 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.
Hong Kong had the highest prices for premium gasoline (95-RON) on February 10, 2025. That day, prices averaged 3.39 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around two U.S. dollars per liter.
The average consumer price of the motor gasoline brand AI-95 in Russia has increased since the start of 2024 and stood at almost 60 Russian rubles per liter in November 2024. The price of the most expensive category, AI-98 or higher, was measured at over 81 Russian rubles per liter, more than 13 Russian rubles more than in the corresponding month of the previous year.
Global liquefied natural gas prices have shown less volatility in 2024 and 2025 than the years prior, with the benchmark price reaching 14.72 U.S. dollars per million metric British thermal units in February 2025. This figure represents an increase from the same period a year earlier. The global LNG benchmark, which is largely influenced by Asian market trading, particularly Indonesian LNG in Japan, serves as a key indicator for the industry's pricing trends. Natural gas prices become less volatile The Asian LNG market experienced less turbulence in 2023 compared to the previous year, with price volatility dropping to 75 percent. This relative stability followed an exceptionally volatile 2022, when LNG demand surged due to sanctions on Russian imports. The global natural gas price index, which encompasses European, Japanese, and American markets, stood at 207.9 index points in November 2024, showing an increase of nearly 20 points that month. This upward trend in natural gas prices contrasts with the comparatively lower crude oil price indices and follows greater heating demand in the winter months. Landed prices vis-à-vis export prices Due to its geographical location, Japan is exclusively reliant on LNG trading for its natural gas supply. As such, Japan's landed LNG spot price is often higher than for other markets, reaching approximately 10.05 U.S. dollars per million British thermal units in January 2024. By comparison, the world's largest LNG exporter, the United States, has seen its LNG export prices decrease to 7.57 U.S. dollars per thousand cubic feet in 2023, down from 12.24 U.S. dollars the previous year.
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Natural Gas: Average Residential Price: Illinois data was reported at 8.480 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 10.700 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Residential Price: Illinois data is updated monthly, averaging 8.600 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 31.770 USD/1000 Cub ft in Jul 2022 and a record low of 4.100 USD/1000 Cub ft in Nov 1995. Natural Gas: Average Residential Price: Illinois 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.
The wholesale prices of unleaded gasoline in Italy averaged approximately 0.71 euros per liter in November 2024, the lowest price since the beginning of 2022. In 2021, 2023, and 2024, taxes on gasoline were larger than the wholesale fuel price. The average unleaded gasoline price in Italy in 2023 amounted to 1.87 euros per liter.
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United States Natural Gas: Average Residential Price: Kentucky data was reported at 13.750 USD/1000 Cub ft in Nov 2024. This records a decrease from the previous number of 18.400 USD/1000 Cub ft for Oct 2024. United States Natural Gas: Average Residential Price: Kentucky data is updated monthly, averaging 10.160 USD/1000 Cub ft from Jan 1989 (Median) to Nov 2024, with 431 observations. The data reached an all-time high of 33.710 USD/1000 Cub ft in Aug 2022 and a record low of 4.270 USD/1000 Cub ft in Nov 1995. United States Natural Gas: Average Residential Price: Kentucky 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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United States Natural Gas: Average Commercial Price: Nebraska data was reported at 7.700 USD/1000 Cub ft in Dec 2024. This records an increase from the previous number of 7.600 USD/1000 Cub ft for Nov 2024. United States Natural Gas: Average Commercial Price: Nebraska data is updated monthly, averaging 6.090 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 428 observations. The data reached an all-time high of 15.030 USD/1000 Cub ft in Sep 2022 and a record low of 3.310 USD/1000 Cub ft in Sep 1998. United States Natural Gas: Average Commercial Price: Nebraska 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.
The global natural gas price index stood at 232.28 index points in February 2025. Natural gas prices increased by seven index points that month. 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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United States Natural Gas: Average Commercial Price: Alaska data was reported at 10.770 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 10.820 USD/1000 Cub ft for Nov 2024. United States Natural Gas: Average Commercial Price: Alaska data is updated monthly, averaging 5.935 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 432 observations. The data reached an all-time high of 11.700 USD/1000 Cub ft in Jul 2023 and a record low of 1.770 USD/1000 Cub ft in Jul 2000. United States Natural Gas: Average Commercial Price: Alaska 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.
The average price for regular gasoline in the United States stood at 3.08 U.S. dollars per gallon on March 17, 2025. This compared to a diesel price of 3.59 U.S. dollars per gallon. Prices for gasoline and diesel decreased 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.