Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-06-02 about gas, commodities, and USA.

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.

Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in U.S. City Average (APU00007471A) from Jan 1978 to Apr 2025 about energy, gas, retail, price, and USA.

U.S. gasoline prices increased across all major grades in March 2025. Regular gasoline prices rose to an average of 3.17 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 average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on June 2, 2025. This compared to a diesel price of **** 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.

Graph and download economic data for US Regular Conventional Gas Price (GASREGCOVW) from 1990-08-20 to 2025-05-26 about conventional, gas, commodities, and USA.

Gasoline rose to 2.09 USD/Gal on June 9, 2025, up 0.36% from the previous day. Over the past month, Gasoline's price has fallen 2.01%, and is down 13.72% 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 June of 2025.

On January 1, 2025, the price of regular gasoline was highest in Hawaii, at around 4.54 U.S. dollars per gallon. This was some 1.5 dollars above the national average of 3.06 U.S. dollars. California ranked second, which follows it being the U.S. state with the highest gasoline tax. Tax impact on pump prices As of January 2024, California's gasoline tax reached 68.1 U.S. cents per gallon, far exceeding rates in other states. This tax burden plays a crucial role in shaping retail prices, with federal and state taxes being one of the strongest determinants of what consumers pay at the pump. The revenue generated from these taxes is typically reinvested in road infrastructure, demonstrating the direct link between fuel costs and transportation development. Winter months see lowest prices While taxes significantly influence gasoline prices, crude oil costs remain the primary factor, accounting for 55 percent of the retail price in August 2024. The volatility of crude oil prices directly impacts pump prices, as seen in the fluctuations over recent years. Conventional motor fuel prices, including gasoline and diesel, are generally lowest in the winter months. This is due to generally lower demand during those months, as well as the winter fuel blend being less expensive to produce than the summer alternative.

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.

In April 2025, one gallon of diesel cost an average of 3.57 U.S. dollars in the United States. That was a decrease compared to the month prior and also lower than prices in April 2024. 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.

Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the Northeast Census Region - Size Class A (APUS10074714) from Jan 1978 to Apr 2025 about energy, gas, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (APUS12A74715) from Dec 1993 to Apr 2025 about New York, energy, gas, PA, NY, urban, retail, price, and USA.

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.

Graph and download economic data for Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Cincinnati-Hamilton, OH-KY-IN (CBSA) (APUA2137471A) from Jan 1978 to Dec 1986 about Cincinnati, energy, gas, OH, IN, KY, urban, retail, price, and USA.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Tampa-St. Petersburg-Clearwater, FL (CBSA) (APUS35D74716) from Jan 2018 to Apr 2025 about Tampa, energy, gas, urban, FL, retail, price, and USA.

In February 2025, crude oil accounted for a 58 percent share of the retail cost of gasoline in the United States. Crude oil costs are the greatest determining factor for petroleum product prices such as gasoline. This is also reflected in the U.S. diesel price breakdown, with crude oil making up 49 percent of the retail price that same month. U.S. gasoline cost breakdown The end price that consumers pay for gasoline in the U.S. is made up of several different components. The weighting of these different costs in the end price of gasoline is also very dynamic depending on the market. In April 2020, just 25 percent of the cost of one U.S. gallon of gasoline was from the cost of crude oil, as a result of the 2020 oil crisis. Other cost components are those associated with refining, distribution and marketing, and taxes. Residents in California pay the highest gasoline taxes out of all U.S. states, at 68.1 cents per gallon as of January 2024. U.S. gasoline prices Since 1980, U.S. gasoline prices have fluctuated greatly, usually reflecting the volatile nature of crude oil prices. The U.S. has some of the lowest unleaded premium prices in the world. When looking at the real U.S. gasoline price to end users, figures amounted to 1.24 real U.S. dollars per gallon in 2023. This ‘real’ U.S. dollars figure refers to the purchasing power of one U.S. dollar relative to the period of time between 1982 and 1984.

The retail price for E85 fuel in the United States stood at 3.34 U.S. dollars per gasoline gallon equivalent on January 1, 2025. 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.

Regular gasoline price is the average retail price for regular grade formulations. The U.S. Energy Information Administration releases weekly gasoline and diesel price estimates.

Graph and download economic data for Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Urban Alaska (CBSA) (APUS49G74716) from Sep 1981 to Apr 2025 about AK, energy, gas, urban, retail, price, and USA.

United States Diesel Retail Price: On-Highway Diesel Fuel: PADD III data was reported at 319.500 0.01 USD/gal in 21 Apr 2025. This records a decrease from the previous number of 326.700 0.01 USD/gal for 14 Apr 2025. United States Diesel Retail Price: On-Highway Diesel Fuel: PADD III data is updated daily, averaging 249.700 0.01 USD/gal from Mar 1994 (Median) to 21 Apr 2025, with 1623 observations. The data reached an all-time high of 545.300 0.01 USD/gal in 20 Jun 2022 and a record low of 92.800 0.01 USD/gal in 22 Feb 1999. United States Diesel Retail Price: On-Highway Diesel Fuel: PADD III data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under World Trend Plus’s Commodity Market – Table US.P031: Diesel Retail Price. [COVID-19-IMPACT]