The consumption of gasoline in the United States amounted to some 8.69 million barrels per day in March 2025. In the period of consideration, gasoline consumption reached its highest four-week average in July 2024. Gasoline production and sales Despite the U.S. reporting a decrease in domestic motor gasoline refinery production in recent years, the gasoline market has been thriving, with gasoline sales across various stations in the country totaling 654 billion U.S. dollars in 2023. Meanwhile, real gasoline prices for end users climbed to around 1.4 real U.S. dollars per gallon. Gasoline vs diesel Both diesel and gasoline are derived from crude oil. Gasoline, however, undergoes a more extensive refining process, resulting in a more volatile compound compared to diesel. This characteristic accelerates the combustion of gasoline, yielding greater horsepower in practical applications. Diesel's advantage lies in its slower burn, which makes it especially fuel efficient and more favorable for heavy-duty vehicles. The average consumption of diesel fuel in the United States stood at 4.09 million barrels per day in March 2025.
Gasoline consumption in the United States transportation sector amounts to around 8.5 million barrels per day. In 2023, gasoline consumption increased, while distillate fuel oil (diesel) consumption noted a decrease. Gasoline consumption is close to three times higher than diesel consumption, the latter amounting to less than three million barrels per day.
Energy demand in the transportation sector The transportation sector, which includes public and personal transportation by road vehicles, airplanes, trains and ships, is the second-largest energy-consuming sector in the United States. The majority of energy consumed in this sector is derived from petroleum or crude oil. However, thanks to government incentives,annual biofuel consumption in the U.S. has also increased to over 1.6 billion gallons.
Consumption of motor fuels remains steady amid lower car sales Distillate fuel can be used as either fuel oil or diesel fuel. The figures indicate that gasoline is still the most popular transportation fuel in the U.S. Gasoline and diesel consumption has stayed relatively constant over the last two decades, whereas U.S. car sales have notably decreased since 2014.
Domestic gasoline demand in the United States reached 139.29 billion gallons in 2022. This was a slight decrease compared to the previous year and still below pre-pandemic levels. Gasoline consumption is largely related to highway travel, with smaller amounts spent by the agricultural and marine sector.
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Graph and download economic data for Gasoline, Total Domestic Demand for United States (M0127BUSM386NNBR) from Aug 1917 to Nov 1965 about gas, domestic, and USA.
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The average for 2022 based on 25 countries was 422.92 thousand barrels per day. The highest value was in the USA: 8809.9 thousand barrels per day and the lowest value was in Montserrat: 0.06 thousand barrels per day. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.
Gasoline demand is set to notably decline in the coming years. A growing electric vehicle market and improved efficiency will see global gasoline demand amount to only 0.5 million barrels per day between 2019 and 2025.
Gasoline As A Fuel Market Size 2025-2029
The gasoline as a fuel market size is forecast to increase by USD 131.6 billion, at a CAGR of 1.4% between 2024 and 2029.
The market is experiencing significant growth due to the increasing number of automobiles, including light-duty trucks, on the road. Additionally, the use of gasoline in portable generators for various applications further boosts market demand. However, volatility in global crude oil prices poses a challenge to market growth. In the upstream oil and gas sector, data management and analytics play a crucial role in optimizing production and logistics. Visualization tools are essential for understanding complex data and making informed decisions. Furthermore, the transportation sector's focus on fuel efficiency continues to drive innovation in automotive purge valves and other automotive technologies to reduce fuel consumption. Despite these trends, market growth may be impacted by external factors, such as geopolitical instability and supply chain disruptions. Overall, the market is expected to continue its growth trajectory, with key factors including increasing demand, technological advancements, and the ongoing optimization of supply chain logistics.
What will be the Size of the Gasoline As A Fuel Market During the Forecast Period?
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The market encompasses the production, distribution, and consumption of gasoline as a primary transportation fuel. With the widespread adoption of automobiles, passenger cars, and motorcycles, gasoline remains a significant contributor to the global transportation energy requirements. However, the market faces increasing competition from alternative energy sources, such as electric vehicles and clean energy solutions. Gasoline availability remains a critical factor in the market's dynamics, with demand influenced by factors like carbon emissions regulations, consumer preferences, and the price of gasoline and related taxes. Secondary fuels, including ethanol, are increasingly used as additives to enhance fuel efficiency and reduce carbon emissions. The oil market significantly influences the gasoline fuel market due to the close relationship between crude oil and gasoline production.
The rise in automobile production and the increasing popularity of high-speed cars, motorcycles, and other internal combustion engine (ICE) vehicles continue to drive demand for gasoline. However, the market faces challenges from the growing adoption of clean energy sources, such as natural energy, solar, and wind power. Additionally, the increasing popularity of electric vehicles, diesel fuel, aviation fuel, and other alternative fuels for transportation, such as propeller airplanes and marine vessels, may further impact the market's size and direction. Gasoline prices and taxes also influence market dynamics, with fluctuations in these factors affecting consumer behavior and demand. The market's future direction will depend on various factors, including technological advancements, regulatory policies, and consumer preferences.
How is this Gasoline As A Fuel Industry segmented and which is the largest segment?
The gasoline as a fuel industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Application
Passenger vehicles
Commercial vehicles
Small engines
Marine engines
Distribution Channel
Fuel stations
Direct supply to fleets
Online fuel delivery services
Geography
North America
Canada
US
Europe
Germany
UK
France
APAC
China
India
Japan
South America
Brazil
Middle East and Africa
By Application Insights
The passenger vehicles segment is estimated to witness significant growth during the forecast period.
The market is primarily driven by the extensive utilization and widespread adoption of passenger vehicles, which rely on gasoline as their primary fuel source. This segment includes sedans, hatchbacks, SUVs, and crossovers, all of which benefit from the availability of gasoline infrastructure and consumer preferences. The segment's prominence is further bolstered by technological advancements in internal combustion engines, enhancing performance and efficiency. Gasoline's established supply chain and distribution networks ensure consistent availability, supporting the sustained operation of passenger vehicles. Moreover, the market encompasses other sectors such as motorcycles, construction, and transportation, where gasoline serves as a primary or secondary fuel.
Alternative energy sources, including electric vehicles and clean energy, are gaining traction, but gasoline's versatility and accessibility make it a significant contributor to the energy requirements of p
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The average for 2022 based on 47 countries was 19.61 thousand barrels per day. The highest value was in Nigeria: 357.89 thousand barrels per day and the lowest value was in Guinea-Bissau: 0.05 thousand barrels per day. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.
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Chile: Gasoline consumption, thousand barrels per day: The latest value from 2023 is 87.89 thousand barrels per day, a decline from 92.85 thousand barrels per day in 2022. In comparison, the world average is 139.36 thousand barrels per day, based on data from 190 countries. Historically, the average for Chile from 1980 to 2023 is 51.76 thousand barrels per day. The minimum value, 23.58 thousand barrels per day, was reached in 1985 while the maximum of 92.85 thousand barrels per day was recorded in 2022.
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Mexico Gasoline: Demand: Jalisco data was reported at 40.963 Barrel/Day th in 2018. This records an increase from the previous number of 39.824 Barrel/Day th for 2017. Mexico Gasoline: Demand: Jalisco data is updated yearly, averaging 39.824 Barrel/Day th from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 40.963 Barrel/Day th in 2018 and a record low of 38.547 Barrel/Day th in 2016. Mexico Gasoline: Demand: Jalisco data remains active status in CEIC and is reported by Secretary of Energy. The data is categorized under Global Database’s Mexico – Table MX.RB015: Gasoline Demand.
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Mexico Gasoline: Demand: Nayarit data was reported at 5.061 Barrel/Day th in 2018. This records an increase from the previous number of 4.920 Barrel/Day th for 2017. Mexico Gasoline: Demand: Nayarit data is updated yearly, averaging 4.888 Barrel/Day th from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 5.061 Barrel/Day th in 2018 and a record low of 4.762 Barrel/Day th in 2016. Mexico Gasoline: Demand: Nayarit data remains active status in CEIC and is reported by Secretary of Energy. The data is categorized under Global Database’s Mexico – Table MX.RB015: Gasoline Demand.
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Mexico Gasoline: Demand: Michoacán data was reported at 28.654 Barrel/Day th in 2018. This records an increase from the previous number of 27.858 Barrel/Day th for 2017. Mexico Gasoline: Demand: Michoacán data is updated yearly, averaging 27.858 Barrel/Day th from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 28.654 Barrel/Day th in 2018 and a record low of 26.964 Barrel/Day th in 2016. Mexico Gasoline: Demand: Michoacán data remains active status in CEIC and is reported by Secretary of Energy. The data is categorized under Global Database’s Mexico – Table MX.RB015: Gasoline Demand.
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Mexico Gasoline: Demand data was reported at 794.732 Barrel/Day th in 2018. This records an increase from the previous number of 783.036 Barrel/Day th for 2017. Mexico Gasoline: Demand data is updated yearly, averaging 783.036 Barrel/Day th from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 794.732 Barrel/Day th in 2018 and a record low of 771.808 Barrel/Day th in 2016. Mexico Gasoline: Demand data remains active status in CEIC and is reported by Secretary of Energy. The data is categorized under Global Database’s Mexico – Table MX.RB015: Gasoline Demand.
Diesel and gasoil are the most in-demand oil products worldwide. In 2023, diesel and gasoil demand reached 29 million barrels per day. This was closely followed by gasoline.By 2040, gasoline demand is forecast to climb to nearly 30 million barrels per day compared with 32.2 millio barrels for diesel and gasoil. The use of petroleum products in daily life Crude oil serves as a feedstock for a great variety of industrial products. While transportation fuels such as gasoline and diesel are the most common examples used when referring to petroleum products, synthetic materials such as plastic packaging and many pharmaceutical drugs are also oil- and natural gas-based. In 2022, the global market value of petrochemicals stood at an estimated 584.5 billion U.S. dollars and was forecast to grow to over one trillion U.S. dollars by 2030. In a world where convenience often trumps the more environmentally friendly choice, petroleum products, particularly of the non-heavy variety, are expected to continue being in high demand. Oil demand shaped by economic activity As oil use is so widespread, changes in oil demand are usually an indication of developments in the wider economy, in particular changes to GDP growth as was the case in 2020. In the last two years, global liquid fuels consumption generally increased alongside economic activity and is expected to reach 104.7 million barrels per day by mid-2025.
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Togo: Gasoline consumption, thousand barrels per day: The latest value from 2023 is 5.26 thousand barrels per day, an increase from 5.12 thousand barrels per day in 2022. In comparison, the world average is 139.36 thousand barrels per day, based on data from 190 countries. Historically, the average for Togo from 1980 to 2023 is 2.55 thousand barrels per day. The minimum value, 1.1 thousand barrels per day, was reached in 1986 while the maximum of 5.84 thousand barrels per day was recorded in 2009.
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Mexico Gasoline: Demand: Coahuila data was reported at 20.093 Barrel/Day th in 2018. This records an increase from the previous number of 19.881 Barrel/Day th for 2017. Mexico Gasoline: Demand: Coahuila data is updated yearly, averaging 19.791 Barrel/Day th from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 20.093 Barrel/Day th in 2018 and a record low of 18.466 Barrel/Day th in 2014. Mexico Gasoline: Demand: Coahuila data remains active status in CEIC and is reported by Secretary of Energy. The data is categorized under Global Database’s Mexico – Table MX.RB015: Gasoline Demand.
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We propose a per-cluster instrumental variables approach (PCIV) for estimating linear correlated random coefficient models in the presence of contemporaneous endogeneity and two-way fixed effects. This approach estimates heterogeneous effects and aggregates them to population averages. We demonstrate consistency, showing robustness over standard estimators, and provide analytic standard errors for robust inference. In Monte Carlo simulation, PCIV performs relatively well in finite samples in either dimension. We apply PCIV in estimating the price elasticity of gasoline demand using state fuel taxes as instrumental variables. We find significant elasticity heterogeneity and more elastic gasoline demand on average than with standard estimators.
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Mexico Gasoline: Demand: Colima data was reported at 29.486 Barrel/Day th in 2018. This records an increase from the previous number of 29.200 Barrel/Day th for 2017. Mexico Gasoline: Demand: Colima data is updated yearly, averaging 29.486 Barrel/Day th from Dec 2014 (Median) to 2018, with 5 observations. The data reached an all-time high of 31.323 Barrel/Day th in 2014 and a record low of 28.709 Barrel/Day th in 2016. Mexico Gasoline: Demand: Colima data remains active status in CEIC and is reported by Secretary of Energy. The data is categorized under Global Database’s Mexico – Table MX.RB015: Gasoline Demand.
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Barbados Energy Balance: Secondary: Total Oil Products: Motor and Aviation Gasoline: Demand data was reported at 0.000 Barrel th in Dec 2022. This stayed constant from the previous number of 0.000 Barrel th for Nov 2022. Barbados Energy Balance: Secondary: Total Oil Products: Motor and Aviation Gasoline: Demand data is updated monthly, averaging 0.000 Barrel th from Jan 2002 (Median) to Dec 2022, with 252 observations. The data reached an all-time high of 74.000 Barrel th in Dec 2009 and a record low of 0.000 Barrel th in Dec 2022. Barbados Energy Balance: Secondary: Total Oil Products: Motor and Aviation Gasoline: Demand data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Barbados – Table BB.JODI.WDB: Energy Balance: Oil. Comprises motor gasoline and aviation gasoline OLADE includes Naphtha propotion in Motor and aviation gasoline prior to use of extended JODI Oil questionnaire format.; Demand of Finished Products only. Demand of finished products: Deliveries or sales to the inland market (domestic consumption) plus Refinery Fuel plus International Marine and Aviation Bunkers. Demand for Other oil products includes direct use of Crude oil, NGL, and Other.
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Trinidad and Tobago Energy Balance: Secondary: Total Oil Products: Motor and Aviation Gasoline: Demand data was reported at 0.000 Barrel/Day th in Dec 2022. This stayed constant from the previous number of 0.000 Barrel/Day th for Nov 2022. Trinidad and Tobago Energy Balance: Secondary: Total Oil Products: Motor and Aviation Gasoline: Demand data is updated monthly, averaging 11.836 Barrel/Day th from Jan 2002 (Median) to Dec 2022, with 252 observations. The data reached an all-time high of 52.464 Barrel/Day th in Feb 2003 and a record low of -6.516 Barrel/Day th in Mar 2012. Trinidad and Tobago Energy Balance: Secondary: Total Oil Products: Motor and Aviation Gasoline: Demand data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Trinidad and Tobago – Table TT.JODI.WDB: Energy Balance: Oil. Comprises motor gasoline and aviation gasoline OLADE includes Naphtha propotion in Motor and aviation gasoline prior to use of extended JODI Oil questionnaire format.; Demand of Finished Products only. Demand of finished products: Deliveries or sales to the inland market (domestic consumption) plus Refinery Fuel plus International Marine and Aviation Bunkers. Demand for Other oil products includes direct use of Crude oil, NGL, and Other.
The consumption of gasoline in the United States amounted to some 8.69 million barrels per day in March 2025. In the period of consideration, gasoline consumption reached its highest four-week average in July 2024. Gasoline production and sales Despite the U.S. reporting a decrease in domestic motor gasoline refinery production in recent years, the gasoline market has been thriving, with gasoline sales across various stations in the country totaling 654 billion U.S. dollars in 2023. Meanwhile, real gasoline prices for end users climbed to around 1.4 real U.S. dollars per gallon. Gasoline vs diesel Both diesel and gasoline are derived from crude oil. Gasoline, however, undergoes a more extensive refining process, resulting in a more volatile compound compared to diesel. This characteristic accelerates the combustion of gasoline, yielding greater horsepower in practical applications. Diesel's advantage lies in its slower burn, which makes it especially fuel efficient and more favorable for heavy-duty vehicles. The average consumption of diesel fuel in the United States stood at 4.09 million barrels per day in March 2025.