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 Feb 2026 about gas, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Gasoline prices and consumers’ inflation expectations often move in similar directions. Indeed, the correlation between the two increased noticeably over the last several decades. In 2025, however, that relationship changed dramatically: Gasoline prices declined, while inflation expectations increased with the prospects of higher prices coming from tariffs. If the historical relationship had persisted, inflation expectations might have been 1.5 percentage points lower throughout 2025.

U.S. gasoline prices increased across all fuel grades in February 2026 when compared with the month before. Regular gasoline prices rose to an average of 2.91 U.S. dollars per gallon. In the period under 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.

Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2026-03-23 about gas, commodities, and USA.

The global fuel energy price index stood at 157.89 index points in September 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas 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. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

Gasoline Prices in the United States increased to 0.77 USD/Liter in February from 0.74 USD/Liter in January of 2026. 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.

Gasoline prices can influence inflation both directly (by changing prices at the pump) and indirectly (by shaping consumers’ inflation expectations). Through these channels, gasoline prices have played an important role in the run-up and recent decline in inflation. Although gasoline prices have declined from their all-time highs, they are expected to remain relatively stable in 2023. As a result, gasoline prices are unlikely to deliver further reductions in either inflation or inflation expectations this year.

Gasoline rose to 3.29 USD/Gal on March 27, 2026, up 4.97% from the previous day. Over the past month, Gasoline's price has risen 38.61%, and is up 47.04% compared to the same time last year, 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 March of 2026.

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.

The gas supply in Mexico experienced a Consumer Price Index (CPI) increase of roughly ***** percent in July 2024, when compared to the same month of the previous year, indicating a decrease in gas prices. In contrast, the electricity inflation rate in Mexico stood at **** percent that same month.

When inflation is already high, an increase in gasoline prices can have an amplified effect on consumers’ inflation expectations.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Gasoline, Unleaded Premium in West - Size Class A (CUUSA400SS47016) from H1 1984 to H2 2025 about unleaded premium, west, gas, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

One gallon of motor gasoline cost end users in the United States around 1.14 real U.S. dollars in 2024, down from 1.24 real U.S. dollars in the previous year. Figures in 2022 were impacted by that year's surge in crude oil prices, following supply restraints related to the Russia-Ukraine war. According to the source, real dollars have been adjusted for inflation. They reflect the purchasing power of a U.S. dollar relative to the period from 1982 to 1984.

Monthly U.S. Gasoline Prices - Historical chart and current data through 2026.

Gasoline Prices in Philippines increased to 0.98 USD/Liter in February from 0.96 USD/Liter in January of 2026. This dataset provides the latest reported value for - Philippines 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 Producer Price Index by Commodity: Fuels and Related Products and Power: Natural Gas Liquids (WPU0532) from Jan 1971 to Feb 2026 about petroleum, fuels, gas, commodities, PPI, inflation, price index, indexes, price, and USA.

Between October 2020 and June 2024, the consumer price index for gasoline increased substantially in Canada. Indeed, the CPI was 149 at the beginning of the period, and 235.7 at the end. The consumer price index increased by more than 105 points between June 2021 and June 2022. When surveyed in March 2022, half of Canadians reported that inflation had a strong negative impact on their household in terms of gas.

In Italy, gas and hydrocarbon prices increased between December 2023 and March 2025 but have decreased ever since. Gas prices recorded an increase from April 2021 onward, peaking in November 2022, when the price of gas almost doubled compared to the same month of the previous year.

IBISWorld analyst Yusuf Allinson examines the reason behind the current surge in oil and gas prices in the United Kingdom.

Consumer price index for transportation including vehicles and fuel.