According to the report, U.S. motor fuel had an average sales price of 3.35 U.S. dollars per gallon in 2024. In 2023, the average sales price was of 3.56 U.S. dollars per gallon.
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.
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.
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Hong Kong: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 1.86 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 Hong Kong from 1991 to 2016 is 1.62 dollars. The minimum value, 0.82 dollars, was reached in 1991 while the maximum of 2.16 dollars was recorded in 2012.
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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.
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Russia: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.59 dollars, a decline from 0.81 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Russia from 1995 to 2016 is 0.61 dollars. The minimum value, 0.28 dollars, was reached in 1998 while the maximum of 0.99 dollars was recorded in 2012.
In the first half of 2020, the electricity prices for household end users (including taxes, levies, and VAT) in the United Kingdom did not change in comparison to the previous six months. The electricity prices for household end users (including taxes, levies, and VAT) remained at 0.05 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.
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Afghanistan: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.7 dollars, a decline from 1.07 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Afghanistan from 2002 to 2016 is 0.85 dollars. The minimum value, 0.34 dollars, was reached in 2002 while the maximum of 1.28 dollars was recorded in 2012.
Gasoline price of Israel sank by 16.49% from 1.88 US dollars per liter in 2014 to 1.57 US dollars per liter in 2016. Since the 8.65% jump in 2012, gasoline price plummeted by 21.89% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.
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United States Natural Gas Price: EIA: Wellhead data was reported at 3.350 USD/1000 Cub ft in Dec 2012. This stayed constant from the previous number of 3.350 USD/1000 Cub ft for Nov 2012. United States Natural Gas Price: EIA: Wellhead data is updated monthly, averaging 2.175 USD/1000 Cub ft from Jan 1976 (Median) to Dec 2012, with 444 observations. The data reached an all-time high of 10.790 USD/1000 Cub ft in Jul 2008 and a record low of 0.540 USD/1000 Cub ft in Mar 1976. United States Natural Gas Price: EIA: Wellhead 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.P002: Energy Price.
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Nicaragua: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.91 dollars, a decline from 1.18 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Nicaragua from 1992 to 2016 is 0.8 dollars. The minimum value, 0.47 dollars, was reached in 1998 while the maximum of 1.23 dollars was recorded in 2012.
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Gasoline Prices in Canada remained unchanged at 1.08 USD/Liter in June. This dataset provides the latest reported value for - Canada Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Colombia Gasoline Retail Price: Reference: Medellin data was reported at 15,918.927 COP/gal in Oct 2024. This records an increase from the previous number of 15,918.123 COP/gal for Sep 2024. Colombia Gasoline Retail Price: Reference: Medellin data is updated monthly, averaging 8,315.700 COP/gal from Jan 2003 (Median) to Oct 2024, with 253 observations. The data reached an all-time high of 15,918.927 COP/gal in Oct 2024 and a record low of 3,586.400 COP/gal in Jan 2003. Colombia Gasoline Retail Price: Reference: Medellin data remains active status in CEIC and is reported by Colombian Oil and Gas Information System. The data is categorized under Global Database’s Colombia – Table CO.RB011: Gasoline Retail Price. Gasoline Retail Price from January 2003 to September 2012 are based on reference price except for August to December 2011. Gasoline Retail Price from August to December 2011 and October 2012 onwards are based on Maximum Fixed Price.
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Venezuela VE: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.008 USD in 2014. This records a decrease from the previous number of 0.011 USD for 2012. Venezuela VE: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.015 USD from Dec 1995 (Median) to 2014, with 10 observations. The data reached an all-time high of 0.080 USD in 1998 and a record low of 0.008 USD in 2014. Venezuela VE: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;
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A tabular presentation of private sector forecasts of British Columbia natural gas prices for the calendar years 2012, 2013 and 2014, including values adjusted to the fiscal years 2012-13, 2013-14 and 2014-15
The household price of natural gas in Italy reached the unprecedented level of 14 euro cents per kilowatt-hour in the second semester of 2022. This price was caused by the cut-off of energy exports from Russia and the consequent energy crisis. Prices had decreased to 10.44 by June 2023. Italy’s dependence on gas imports The domestic production of natural gas in Italy in 2022 was just above three billion cubic meters. Natural gas consumption in Italy was over 20 times larger. This leaves Italy heavily dependent on foreign gas imports. Besides Russia, whose imports to Europe decreased sensibly in 2022 and 2023, the main natural gas importers to Italy in were Algeria and Azerbaijan. Natural gas taxation among the highest in Europe Italy had some of the highest natural gas prices in Europe. This was due to the heavy dependence on natural gas imports and on the high taxation applied to fuel consumption in this country. The value-added tax on natural gas in Italy accounted for 22 percent of the household gas price in Italy in the first semester of 2022. In Italy, consumers also pay an additional regional tax and a second tax based on the energy consumed. In 2022 and 2023, the value-added tax was decreased by the Italian government to five percent, to help the consumers face the natural gas cost increase.
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India Consumer Price Index (CPI): Fuel and Light: Liquefied Petroleum Gas Excl. Conveyance data was reported at 153.000 2012=100 in Oct 2018. This records an increase from the previous number of 144.800 2012=100 for Sep 2018. India Consumer Price Index (CPI): Fuel and Light: Liquefied Petroleum Gas Excl. Conveyance data is updated monthly, averaging 109.000 2012=100 from Jan 2014 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 153.000 2012=100 in Oct 2018 and a record low of 104.100 2012=100 in Sep 2016. India Consumer Price Index (CPI): Fuel and Light: Liquefied Petroleum Gas Excl. Conveyance data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under India Premium Database’s Inflation – Table IN.IA015: Consumer Price Index: 2012=100: Fuel and Light.
AAA Monthly Fuel Prices
Gasoline prices of Bangladesh slumped by 13.85% from 1.30 US dollars per liter in 2014 to 1.12 US dollars per liter in 2016. Since the 5.50% surge in 2012, gasoline prices declined by 2.61% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.
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Canada: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.81 dollars, a decline from 1.17 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Canada from 1992 to 2016 is 0.77 dollars. The minimum value, 0.41 dollars, was reached in 1998 while the maximum of 1.32 dollars was recorded in 2012.
According to the report, U.S. motor fuel had an average sales price of 3.35 U.S. dollars per gallon in 2024. In 2023, the average sales price was of 3.56 U.S. dollars per gallon.