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.

The global fuel energy price index stood at 188.62 index points in January 2025, up from 100 in the base year 2016. Figures increased that month due to a rise in crude oil prices as a result of new sanctions on Russian oil and greater heating fuel demand. 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. Global ramifications of the Russia-Ukraine war The invasion of Ukraine by Russia played a role in the surge of global inflation rates. Notably, Argentina bore the brunt, experiencing a hyperinflation rate of 92 percent in 2022. The war also exerted a significant impact on global gross domestic product (GDP) growth. Saudi Arabia emerged with a notable increase of nearly three percent, as several Western nations shifted their exports from Russia to Middle Eastern countries due to the sanctions imposed on the former.

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.

Gasoline Prices in the United States increased to 0.82 USD/Liter in February from 0.81 USD/Liter in January of 2025. 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.

Alaska's Division of Community and Regional Affairs (DCRA) first began surveying heating fuel and gasoline prices in Alaskan communities in 2005 to inform the administration and policymakers about actual energy costs across the state. The same 100 communities have been surveyed since the project's inception. The fuel survey is now consistently executed twice per year - in January and in July.The Alaska Fuel Price Report provides summary information about current fuel prices across Alaska, comparisons of historical fuel prices in the surveyed communities versus the national average, time lapse maps displaying longitudinal changes in regional fuel prices, and interactive maps that contain longitudinal fuel price data. Since the initial report in 2005, DCRA has conducted 32 surveys to obtain heating fuel and gasoline prices from 100 selected Alaskan communities.

Gasoline increased 0.22 USD/GAL or 10.89% since the beginning of 2025, 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 2025.

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.

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.

Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-03-24 about gas, commodities, and USA.

United States - US All Grades Conventional Gas Price was 2.97900 $ per Gallon in January of 2021, according to the United States Federal Reserve. Historically, United States - US All Grades Conventional Gas Price reached a record high of 3.61000 in January of 2012 and a record low of 1.05600 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US All Grades Conventional Gas Price - last updated from the United States Federal Reserve on March of 2025.

United States - US Midgrade All Formulations Gas Price was 3.43200 $ per Gallon in January of 2021, according to the United States Federal Reserve. Historically, United States - US Midgrade All Formulations Gas Price reached a record high of 3.75600 in January of 2012 and a record low of 1.12200 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US Midgrade All Formulations Gas Price - last updated from the United States Federal Reserve on March of 2025.

United States - US Premium Conventional Gas Price was 3.54800 $ per Gallon in January of 2021, according to the United States Federal Reserve. Historically, United States - US Premium Conventional Gas Price reached a record high of 3.82800 in January of 2012 and a record low of 1.19900 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US Premium Conventional Gas Price - last updated from the United States Federal Reserve 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.

United States - US Premium Reformulated Gas Price was 3.85200 $ per Gallon in January of 2021, according to the United States Federal Reserve. Historically, United States - US Premium Reformulated Gas Price reached a record high of 4.01700 in January of 2012 and a record low of 1.27600 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - US Premium Reformulated Gas Price - last updated from the United States Federal Reserve on March of 2025.

Natural Gas: Average Residential Price: Indiana data was reported at 9.360 USD/1000 Cub ft in Dec 2024. This records a decrease from the previous number of 11.130 USD/1000 Cub ft for Nov 2024. Natural Gas: Average Residential Price: Indiana data is updated monthly, averaging 9.050 USD/1000 Cub ft from Jan 1989 (Median) to Dec 2024, with 431 observations. The data reached an all-time high of 24.840 USD/1000 Cub ft in Jul 2021 and a record low of 4.550 USD/1000 Cub ft in Dec 1995. Natural Gas: Average Residential Price: Indiana 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.

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.

Natural gas saw the greatest increase in prices between October 2024 and January 2025 as greater heating demand throughout the winter months led to higher prices. Meanwhile, the price index for crude oil also rose in early 2025 as the United States introduced additional sanctions on Russian oil. Coal was the only energy commodity to see a fall in prices during that time.

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.

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 Feb 2025 about New York, energy, gas, PA, NY, urban, retail, price, and USA.