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.

United States - PADD II (Midwest District) Regular All Formulations Gas Price was 4.03500 $ per Gallon in March of 2022, according to the United States Federal Reserve. Historically, United States - PADD II (Midwest District) Regular All Formulations Gas Price reached a record high of 4.06600 in July of 2008 and a record low of 0.86300 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD II (Midwest District) Regular All Formulations Gas Price - last updated from the United States Federal Reserve on April of 2025.

Interactive chart illustrating the history of Henry Hub natural gas prices. The prices shown are in U.S. dollars.

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.

United States - PADD I (East Coast District) Regular Conventional Gas Price was 3.30700 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD I (East Coast District) Regular Conventional Gas Price reached a record high of 4.01800 in July of 2008 and a record low of 0.88000 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD I (East Coast District) Regular Conventional Gas Price - last updated from the United States Federal Reserve on May of 2025.

The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of April. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

As of March 2025, the average price for premium gasoline in Germany was around 1798.6 euro cents per liter. This was a slight decrease compared to the year before.

United States - PADD I (East Coast District) Premium All Formulations Gas Price was 3.95300 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD I (East Coast District) Premium All Formulations Gas Price reached a record high of 4.28800 in July of 2008 and a record low of 1.09100 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD I (East Coast District) Premium All Formulations Gas Price - last updated from the United States Federal Reserve on May of 2025.

United States - PADD V (West Coast District) Midgrade Conventional Gas Price was 4.05900 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD V (West Coast District) Midgrade Conventional Gas Price reached a record high of 4.36000 in July of 2008 and a record low of 1.16300 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD V (West Coast District) Midgrade Conventional Gas Price - last updated from the United States Federal Reserve on April of 2025.

United States - PADD III (Gulf Coast District) Regular All Formulations Gas Price was 3.05400 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD III (Gulf Coast District) Regular All Formulations Gas Price reached a record high of 3.93200 in July of 2008 and a record low of 0.88500 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD III (Gulf Coast District) Regular All Formulations Gas Price - last updated from the United States Federal Reserve on May of 2025.

United States - PADD II (Midwest District) All Grades Reformulated Gas Price was 3.52900 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD II (Midwest District) All Grades Reformulated Gas Price reached a record high of 4.16600 in July of 2008 and a record low of 0.97700 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD II (Midwest District) All Grades Reformulated Gas Price - last updated from the United States Federal Reserve on April of 2025.

United States - PADD IV (Rocky Mountain District) Midgrade All Formulations Gas Price was 3.82900 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD IV (Rocky Mountain District) Midgrade All Formulations Gas Price reached a record high of 4.20400 in July of 2008 and a record low of 1.04400 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD IV (Rocky Mountain District) Midgrade All Formulations Gas Price - last updated from the United States Federal Reserve on May of 2025.

United States - PADD II (Midwest District) Midgrade Conventional Gas Price was 3.40300 $ per Gallon in October of 2021, according to the United States Federal Reserve. Historically, United States - PADD II (Midwest District) Midgrade Conventional Gas Price reached a record high of 4.02900 in June of 2008 and a record low of 0.95800 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD II (Midwest District) Midgrade Conventional Gas Price - last updated from the United States Federal Reserve on May of 2025.

United States - PADD V (West Coast District) Regular Conventional Gas Price was 3.77400 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD V (West Coast District) Regular Conventional Gas Price reached a record high of 4.23400 in July of 2008 and a record low of 1.03700 in February of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD V (West Coast District) Regular Conventional Gas Price - last updated from the United States Federal Reserve on April of 2025.

United States - PADD IV (Rocky Mountain District) Premium All Formulations Gas Price was 4.05800 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD IV (Rocky Mountain District) Premium All Formulations Gas Price reached a record high of 4.31200 in July of 2008 and a record low of 1.14000 in January of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - PADD IV (Rocky Mountain District) Premium All Formulations Gas Price - last updated from the United States Federal Reserve on May of 2025.