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.

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.

The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on July 14, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline and diesel increased that week following greater demand. 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.

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.

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.

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.

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.

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 May 2025 about Atlanta, energy, gas, GA, urban, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Detroit-Warren-Dearborn, MI (CBSA) (APUS23B74716) from Sep 1981 to May 2025 about Detroit, energy, gas, MI, urban, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (APUS12A74714) from Jan 1978 to May 2025 about New York, energy, gas, PA, NY, urban, retail, price, and USA.

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.

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.

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.

The cost of diesel fuel in the United States reached an annual average of 3.76 U.S. dollars per gallon in 2024. This was a decrease compared to the previous year, when diesel sold for an average of 4.21 U.S. dollars per gallon. In 2022, increased economic activity and thus fuel demand combined with supply constraints following the Russia-Ukraine war, which resulted in a notable rise in monthly diesel prices Crude oil prices and their impact on motor fuel prices Motor fuel prices largely mirror major oil benchmarks, such as the OPEC reference basket, WTI, and Brent. As such, the oil glut in 2015 and 2016, which followed years of increased oil production output by the U.S., is largely responsible for the fall in diesel prices seen in those years. The same is true for the 2020 pandemic-induced oil crisis and fall in benchmarks that year. Diesel and gasoline price development The usage of diesel began in the 1930s, but until further development in the 1960s, diesel vehicles were mostly used commercially. In the U.S., diesel-powered cars remain a fairly small portion of the automobile market and diesel fuel 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 are often used for large commercial vehicles.

Gasoline Prices in India remained unchanged at 1.11 USD/Liter in June. This dataset provides the latest reported value for - India Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Chicago-Naperville-Elgin, IL-IN-WI (CBSA) (APUS23A74714) from Jan 1978 to May 2025 about Chicago, energy, IL, gas, IN, WI, urban, retail, price, and USA.

Weekly on-highway diesel prices (dollars per gallon) from the Department of Energy's Energy Information Administration. This data includes the average diesel fuel price for the U.S. and five Petroleum Administration for Defense Districts (PADDs) (including PADD subcomponents). There are ten variables in total: "U.S."; "East Coast" (PADD1), broken out further by "New England" (PADD1A), "Central Atlantic" (PADD1B), and "Lower Atlantic" (PADD1C); "Midwest" (PADD2); "Gulf Coast" (PADD3); "Rocky Mountain" (PADD4); and "West Coast" (PADD5), broken out further by "West Coast excluding California" and "California." See link below for the states included in each region.

Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (CBSA) (APUS12B7471A) from Jan 1978 to May 2025 about DE, Philadelphia, NJ, MD, energy, gas, PA, urban, retail, price, and USA.

Natural gas prices are the highest in the residential sector. In 2023, U.S. households paid an all time high average of 15.2 U.S. dollars per 1,000 cubic feet. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around four U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price. All sectors saw a year-on-year increase in natural gas prices in 2022 due to the decline in U.S. natural gas production in the first quarter of 2022, which resulted in high withdrawals of natural gas from storage and an increase in average natural gas prices. The growing natural gas market In recent years, the average natural gas prices for all sectors have been increasing in the United States. In 2022, the residential sector witnessed an increase in natural gas prices higher than 2008, while natural gas prices for other sectors were still lower despite increases in average natural gas prices for those sectors. Meanwhile, consumption of natural gas has increased more than any other fuel type following the 2008 Recession. Petroleum consumption has been more variable, and use of coal has significantly decreased. The price of coal and crude oil had already been increasing since the early 2000s, and was further exacerbated by the financial crisis. Around the same time, the cost of natural gas dropped significantly, making it a more viable economic alternative compared to other fossil fuels. This decrease was in part the result of drastically increased production of shale gas as a result of hydraulic fracturing and other techniques.

On July 1, 2025, the price of regular gasoline was highest in California, at around **** U.S. dollars per gallon. This was some *** dollars above the national average of **** U.S. dollars. California's high motor fuel prices are largely determined by it being the U.S. state with the highest gasoline tax. Tax impact on pump prices As of January 2024, California's gasoline tax reached **** U.S. cents per gallon, far exceeding rates in other states. This tax burden plays a crucial role in shaping retail prices, with federal and state taxes being one of the strongest determinants of what consumers pay at the pump. The revenue generated from these taxes is typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development. Winter months see lowest prices While taxes significantly influence gasoline prices, crude oil costs remain the primary factor, accounting for ** percent of the retail price in February 2025. The volatility of crude oil prices directly impacts pump prices, as seen in the fluctuations over recent years. Conventional motor fuel prices, including gasoline and diesel, are generally lowest in the winter months. This is due to generally lower demand during those months, as well as the winter fuel blend being less expensive to produce than the summer alternative.