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.

In the second quarter of 2022, the average retail price for a gallon of regular gasoline stood at around 4.49 U.S. dollars, up from the previous quarter. A glut in oil supply between 2014 and 2016 forced down prices and led to a low average U.S. gasoline price of roughly 1.9 U.S. dollars per gallon in the first quarter. Gasoline prices fluctuated considerably between 2019 and 2020 as a result of tensions between the United States and other oil exporters, such as Iran, and stifling oil demand during the Covid-19 pandemic. The price of West Texas Intermediate briefly dipped in the negative in April 2020. Seasonal price variations
There are periodic fluctuations in gasoline prices in the United States, where the second and third quarters are typically more expensive than the rest of the year. One of the factors contributing to changing gasoline prices is a decrease in production from refineries due to maintenance work in tandem with an increase in demand, as holiday goers make road-trips. Gasoline will revert to cheaper winter-grade in September. Annual motor vehicle consumption in the United States was around 128 billion gallons as of 2020.

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.

Gasoline retail prices weekly average by region dataset provides the weekly average retail gasoline prices for New York State and sixteen New York metropolitan regions in U.S. dollars per gallon. Data is a weekly average from October 2007 through current. Some metropolitan regions begin in 2017. Average daily retail gasoline prices are collected from the American Automobile Association (AAA) Daily Fuel Gauge Report. The AAA Daily Fuel Gauge Report prices are averaged to produce a weekly average retail price for New York State and each metropolitan region. The New York State metropolitan regions in the dataset are Albany (Albany-Schenectady-Troy), Batavia, Binghamton, Buffalo (Buffalo-Niagara Falls), Dutchess (Dutchess-Putnam), Elmira, Glens Falls, Ithaca, Kingston, Nassau (Nassau-Suffolk), New York City, Rochester, Syracuse, Utica (Utica-Rome), Watertown (Watertown-Fort Drum), and White Plains. The New York State Energy Research and Development Authority (NYSERDA) offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. To learn more about NYSERDA’s programs, visit https://nyserda.ny.gov or follow us on Twitter, Facebook, YouTube, or Instagram.

The average price of regular gasoline in Mexico reached 23.55 Mexican pesos per liter as of December 2024, up from more than 22 pesos per liter in the previous year. For premium gasoline, average prices increased from 24.3 pesos to 25.16 pesos per liter in the same period. What defines the price of gasoline in Mexico? The North American country is highly dependent on gasoline imports in order to meet its demand. Since 2016, gasoline imports by Pemex – Mexico’s national oil corporation – have averaged at more than 400 thousand barrels per day in a regular year. With the government’s control put to an end in late 2017, prices are since controlled by the market, and in turn strongly affected by global oil prices. Nevertheless, other factors come into play, such as import tariffs, or transport and logistics costs. In fact, prices also vary across Mexico. In 2023, Guerrero was the state with the highest average gasoline price, while Tamaulipas reported the lowest figure. How does Mexico compare with the rest of Latin America? At an average of 1.4 U.S. dollars per liter, Mexico had one of the highest prices in the region as of June 2023. This figure was above the average gasoline price reported in Latin America at the time. The country's gasoline purchasing power decreased in recent years. In 2023, the average Mexican salary could afford approximately 499 liters of gasoline.

Gasoline Prices in Germany increased to 1.90 USD/Liter in February from 1.87 USD/Liter in January of 2025. This dataset provides the latest reported value for - Germany Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gasoline Prices in Puerto Rico increased to 0.73 USD/Liter in February from 0.72 USD/Liter in January of 2025. This dataset provides the latest reported value for - Puerto Rico Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

Gasoline Prices in Qatar increased to 0.58 USD/Liter in February from 0.55 USD/Liter in January of 2025. This dataset provides - Qatar Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mexico Gasoline Price: Regular: Baja California Sur data was reported at 20.429 MXN/l in Jun 2019. This records an increase from the previous number of 20.403 MXN/l for May 2019. Mexico Gasoline Price: Regular: Baja California Sur data is updated monthly, averaging 17.626 MXN/l from Jan 2017 (Median) to Jun 2019, with 30 observations. The data reached an all-time high of 20.429 MXN/l in Jun 2019 and a record low of 15.752 MXN/l in Jul 2017. Mexico Gasoline Price: Regular: Baja California Sur data remains active status in CEIC and is reported by Energy Regulatory Commission. The data is categorized under Global Database’s Mexico – Table MX.P002: Gasoline Price.

This statistic displays the breakdown of the price of one liter of gasoline in Canada as of 2017, broken down by cost. In that year, crude cost accounted for the largest portion of the average price of gasoline in Canada, totaling some 43.4 Canadian cents per liter.

Gasoline Prices in Zimbabwe increased to 1.53 USD/Liter in February from 1.48 USD/Liter in January of 2025. This dataset provides - Zimbabwe Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for US Regular Conventional Gas Price (GASREGCOVM) from Sep 1990 to Feb 2025 about conventional, gas, commodities, and USA.

Gasoline Prices in France increased to 1.93 USD/Liter in February from 1.91 USD/Liter in January of 2025. This dataset provides the latest reported value for - France Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The retail price for E85 fuel in the United States stood at 3.56 U.S. dollars per gasoline gallon equivalent on October 1, 2024. E85 fuel tends to sell for around 0.20 to 0.30 U.S. dollars more than regular gasoline, although the discrepancy was greater in 2022. The lowest fuel prices were recorded in April 2020 - at the height of the pandemic-induced oil crisis, when the E85 fuel price was 2.28 U.S. dollars per gasoline gallon equivalent. E85 fuel is an 85 percent ethanol fuel blended with gasoline. Biofuel share in transportation duel demand to increase The consumption of fuel ethanol in the United States has seen notable growth, reaching approximately 14.2 billion gallons in 2023. This increase aligns with the expanding role of biofuels in the transportation sector, which accounted for about seven percent of fuel demand in 2023. Projections suggest this share will rise to eight percent by 2030, even as overall fuel demand is expected to decrease. Economic impact of the ethanol industry Beyond its role in fuel markets, the ethanol industry has become a significant contributor to the U.S. economy. In 2023, it generated around 72,500 direct jobs and 322,000 indirect or induced jobs. The industry's economic footprint extended to a 54.2 billion U.S. dollar contribution to the country's GDP and 32.5 billion U.S. dollars in household income. This economic impact, coupled with the ongoing trade in biofuels - including exports of over 5.9 million barrels of biodiesel in 2023 - demonstrates the multifaceted significance of the biofuel sector in the United States.

Turkey: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 1.42 dollars, a decline from 2.06 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Turkey from 1995 to 2016 is 1.54 dollars. The minimum value, 0.56 dollars, was reached in 1995 while the maximum of 2.54 dollars was recorded in 2012.

As of December 2022, the average gasoline retail price in Tokyo Prefecture stood at about 169.4 Japanese yen per liter. In mid-March 2022, the gasoline price briefly hovered around 180 yen per liter in Japan's capital. At the time, energy markets were in turmoil as Russia's war on Ukraine unfolded and sanctions severed trade agreements.

 Why do gasoline prices fluctuate? Crude oil prices and changes in supply and demand are the main factors to affect gasoline prices around the world. Since crude oil is the main ingredient of gasoline, prices tend to change rapidly when something impacts crude oil supplies, refinery operations or pipeline deliveries. Furthermore, seasonal changes in demand can affect gasoline prices, even if crude oil prices remain stable. Historically, prices tend to peak in summer when the travel demand increases. Other factors are crises, wars, or natural disasters in oil-producing regions, since they can obstruct the production and transportation, and thus cause higher crude oil prices.

 Oil industry in Japan In recent years, oil made up the highest share of energy consumption in Japan. Since the country lacks domestic reserves of fossil fuels, it is heavily dependent on imports. Most of Japan’s crude oil imports came from Middle Eastern countries such as Saudi Arabia and the United Arab Emirates. Nevertheless, Japan's oil consumption has decreased significantly since 1995. It only shortly increased after the nuclear disaster in Fukushima in 2011, when nuclear energy was replaced by fossil fuels. In more recent years, the figures indicated a decline in oil consumption as Japan aims to diversify its energy mix to be less dependent on fossil fuel imports and to increase its self-sufficiency rate of primary energy.

United States Motor Gasoline Price: All Grades: Avg: Resale: Bulk data was reported at 1.644 USD/gal in 2017. This records an increase from the previous number of 1.374 USD/gal for 2016. United States Motor Gasoline Price: All Grades: Avg: Resale: Bulk data is updated yearly, averaging 1.475 USD/gal from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 2.861 USD/gal in 2012 and a record low of 0.454 USD/gal in 1998. United States Motor Gasoline Price: All Grades: Avg: Resale: Bulk data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P009: Motor Gasoline Price.

Gasoline Prices in Russia increased to 0.69 USD/Liter in February from 0.62 USD/Liter in January 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.

Gasoline price of Georgia jumped by 8.78% from 18.6 US dollars per million btu in 2017 to 20.2 US dollars per million btu in 2018. Since the 8.80% drop in 2016, gasoline price shot up by 21.10% in 2018. The average amount of money paid per million Btu of motor gasoline energy.