This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

As of June 2023, Uruguay reported *** of the highest gasoline prices in Latin America and the Caribbean, with an average price of **** U.S. dollars per liter. People in Chile had to pay some **** U.S. dollars per liter at the time, which was the second-highest price in the region.

The average for 2016 based on 11 countries was 0.87 dollars. The highest value was in Uruguay: 1.5 dollars and the lowest value was in Venezuela: 0 dollars. The indicator is available from 1991 to 2016. Below is a chart for all countries where data are available.

In South America, natural gas is frequently used by households for cooking and heating. The average price of this important fuel source in the residential sector varies considerably across countries. In 2020, households in Chile paid an average of ***** U.S. dollars per million thermal units. In contrast, in Argentina, the average natural gas price stood below ** dollars per million BTU.

As of January 2025, the diesel price in Belize and Barbados were among the highest reported in Latin America and the Caribbean, averaging nearly **** and **** U.S. dollars per liter, respectively. Within South America, Argentina had the highest diesel price at the time, at **** dollars per liter, while Ecuador reported the lowest, with a liter of fuel costing an average of **** dollars.

Gasoline Prices in Colombia increased to 1.04 USD/Liter in August from 1.01 USD/Liter in July of 2025. This dataset provides - Colombia Gasoline Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gasoline prices increased worldwide in the first half of 2022, a consequence of the Russian invasion of Ukraine and the tightening of fossil fuels market. In Latin America, Panama reported the largest impact, with the average price per liter increasing by ** percent between January and June 2022. Ecuador and Colombia were the only two countries displayed which registered a decline in prices. However in 2023 the average price per liter has remained relatively stable. An opposite trend was observed in 2020, when gasoline prices decreased in Latin American countries because of the travelling restrictions brought in by the COVID-19 pandemic.

Gasoline rose to 2.02 USD/Gal on September 10, 2025, up 0.88% from the previous day. Over the past month, Gasoline's price has fallen 3.14%, but it is still 6.09% higher than a year ago, 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 September of 2025.

In Latin America and the Caribbean, liquefied petroleum gas (LPG) is an important energy source in the residential sector. This fuel is frequently used in by households for cooking and heating. Nevertheless, prices vary significantly across countries. In 2020, households in Chile paid an average of **** U.S. dollars per kilogram. In contrast, the average residential LPG price in Ecuador stood at around *** dollars per kilogram.

Natural Gas: Average Commercial Price: South Carolina data was reported at 12.350 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 9.390 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: South Carolina data is updated monthly, averaging 8.820 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 433 observations. The data reached an all-time high of 22.070 USD/1000 Cub ft in Nov 2005 and a record low of 3.490 USD/1000 Cub ft in Sep 1997. Natural Gas: Average Commercial Price: South Carolina 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.

Natural Gas: Average Residential Price: South Carolina data was reported at 17.760 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 12.530 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Residential Price: South Carolina data is updated monthly, averaging 12.305 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 30.020 USD/1000 Cub ft in Aug 2007 and a record low of 6.270 USD/1000 Cub ft in Apr 1992. Natural Gas: Average Residential Price: South Carolina 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.

The South America Natural Gas Vehicles market is projected to grow from US$ XX million in 2025 to US$ XX million by 2033, exhibiting a CAGR of 3.00% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for cleaner and more sustainable transportation fuels, as well as the supportive government policies in the region. Governments in South America are actively promoting the use of natural gas vehicles (NGVs) through incentives, such as tax breaks and subsidies. These initiatives are expected to continue driving the adoption of NGVs in the region, especially among commercial vehicle fleets and public transportation systems. The compressed natural gas (CNG) segment held a major market share in 2025 and is projected to dominate throughout the forecast period. CNG is a cheaper and cleaner alternative to traditional fuels such as gasoline and diesel, making it an attractive option for cost-conscious consumers and environmentally conscious businesses. The automotive segment is expected to account for the largest revenue share during the forecast period, due to factors such as the growing demand for more fuel-efficient and environmentally friendly vehicles. Original equipment manufacturers (OEMs) are increasingly offering NGV options in their new vehicle models, which is further contributing to the growth of the market. Key drivers for this market are: Increase in Passenger Car Sales Propelling Market Growth. Potential restraints include: Fluctuation in Raw Material Prices. Notable trends are: Low Fuel Cost Driving Growth.

The South American city gas distribution market, valued at approximately $XX million in 2025, is projected to experience robust growth, driven by increasing urbanization, industrial expansion, and rising energy demands across the region. A Compound Annual Growth Rate (CAGR) exceeding 2.00% is anticipated from 2025 to 2033, indicating a steady and significant market expansion. Key drivers include government initiatives promoting cleaner energy sources, coupled with expanding infrastructure development in key cities across Brazil, Argentina, and Chile. The Compressed Natural Gas (CNG) segment holds a significant market share due to its cost-effectiveness and versatility in transportation and industrial applications. However, the market faces challenges from fluctuating gas prices and the need for continued investment in pipeline infrastructure, especially in less developed areas within the "Rest of South America" segment. The market is segmented by gas type (CNG and PNG), end-user (industrial, power sector, residential & commercial, and transportation), and geography (Brazil, Argentina, Chile, and Rest of South America). Brazil, with its large population and industrial base, is expected to dominate the market, followed by Argentina and Chile. Key players like Petroleo Brasileiro SA, Companhia de Gas de Sao Paulo (Comgas), and Naturgy Energy Group SA are actively shaping the market landscape through expansion strategies, technological advancements, and strategic partnerships. The growth trajectory hinges on consistent investment in infrastructure, efficient regulatory frameworks, and sustained economic growth across South American nations. The residential and commercial sectors are poised for significant expansion driven by rising living standards and increased access to natural gas networks. However, competition among existing players and potential entry of new players will influence market dynamics and pricing strategies in the coming years. Recent developments include: August 2022: As part of Ambipar's initial investment of USD 5.5 million, it incorporates trucks equipped with compressed natural gas (CNG) technology, such as Scania R 410 6X2 models, into its fleet. Ambipar estimates a 20% reduction in carbon dioxide emissions in the Corridor after the first year of circulation of these new units. By incorporating compressed natural gas (CNG) trucks on a large scale, the Sustainable Corridor Project begins the process of changing its fleet's energy matrix to renewable and cleaner sources of power., May 2022: Compagas, Parana state's gas distribution company, and Brazilian logistic operator NEOgas started a pilot project to transport compressed natural gas (CNG) via natural gas-fueled trucks. The project aims to provide a greener and more cost-effective solution to the transportation of natural gas to the countryside of Brazil. The pilot project lasts around 30 days, with NEOgas compressing Compagas' natural gas at the Ponta Grossa station. The natural gas-fueled trucks from vehicle manufacturer Scania will then transport the gas daily for 130 km to the city of Arapoti, where the paper company BO Paper plans to use it.. Notable trends are: Power Sector to Dominate the Market.

The size of the South America Oil and Gas Downstream Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.90% during the forecast period. Refining, distribution, and marketing of petroleum products define the downstream market in oil and gas across South America. Despite experiencing volatility in fuel prices and changes in regulations, this sector is still crucial in meeting domestic consumption needs and fueling growth in both domestic economies and the region as a whole. Nations such as Brazil, Argentina, and Colombia take on decisive importance as they have built up refining capacity and distribution networks that serve both the local and international markets. The South American downstream market has recently been seen with a trend of investments for the modernization of their refineries to become more efficient and friendly to the environment. Governments have focused on energy security, culminating initiatives on infrastructural improvement and capacity building. On top of that, the higher demand in cleaner fuels due to environmental regulations and the public awareness of the need for cleaner fuels push refineries to evolve into more sustainable operations by cutting down the products that less emit. However, the market faces several obstacles such as political unrests, economic fluctuations, and alternative sources of energy. With the speed of pace of the change of energy transformation in the world, South America's downstream sector should be able to flip, embracing innovation with biofuels and petrochemical advancements. The future of the South American oil and gas downstream market will largely depend on its economic growth, sustainability, and compliance with regulatory practices. Recent developments include: September 2022: The Colombian state oil company Ecopetrol completed expansion works at its Reficar oil refinery in Cartagena as it seeks to meet rising domestic fuel demand. This expansion consolidates the Cartagena refinery as a strategic asset to guarantee Colombia's energy sovereignty. Also, this refinery would now produce diesel and gasoline with sulfur content levels below 100 parts per million (ppm) and 50 ppm, respectively., January 2021: The Brazilian company Macro Desenvolvimento has requested authorization from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) to build and operate a USD 480 million natural gas processing unit (UPGN) in Presidente Kennedy municipality, Espírito Santo. The construction work is planned to start in December 2023 and is expected to be completed by 2025.. Key drivers for this market are: Rising Industrialization across the Globe, Increasing Utilization of Natural Gas. Potential restraints include: High Cost of Installation and Maintenance. Notable trends are: Refinery Sector to Witness Significant Growth.

Get the latest insights on price movement and trend analysis of Gasoline in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Natural gas fell to 3.08 USD/MMBtu on September 10, 2025, down 1.07% from the previous day. Over the past month, Natural gas's price has risen 4.39%, and is up 35.85% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on September of 2025.

The South America Oil and Gas Downstream Market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 3.90% from 2025 to 2033. While the exact market size in 2025 is not provided, considering the CAGR and the involvement of major players like Ecopetrol SA, Shell PLC, YPF SA, Exxon Mobil Corporation, Petrobras, and BP PLC, a reasonable estimation places the market value at approximately $150 billion in 2025. This significant market size reflects the region's considerable energy consumption and its dependence on oil and gas for various sectors, including transportation, electricity generation, and industrial processes. The market's growth is driven by factors such as increasing energy demand from a growing population and expanding industrialization across South American nations. Furthermore, investments in refining capacity and infrastructure upgrades are contributing to market expansion. However, challenges remain, including volatility in global oil prices, environmental regulations aimed at reducing carbon emissions, and geopolitical instability in certain regions. These factors can influence the market's trajectory and present both opportunities and risks for investors and market participants. The market's segmentation (although not specified) likely includes refining, petrochemicals, marketing, and distribution, each with its own growth drivers and challenges. The forecast period of 2025-2033 suggests continued expansion despite the aforementioned headwinds. The continued growth is expected to be fueled by consistent economic growth in some parts of the region, leading to increased energy demand. Government initiatives focused on infrastructure development further contribute to the growth of the downstream sector. Competition among major international and national oil companies is driving innovation and efficiency improvements. However, factors such as fluctuating crude oil prices and governmental policies on emissions will continue to pose significant challenges to the consistent growth of the sector. Analyzing the regional distribution (while data is missing, a logical distribution should be performed based on the GDP and population of each country) is crucial for understanding market dynamics and pinpointing high-growth areas for investment and expansion. This analysis will guide informed decision-making by companies seeking opportunities in this dynamic and significant market. Key drivers for this market are: Rising Industrialization across the Globe, Increasing Utilization of Natural Gas. Potential restraints include: High Cost of Installation and Maintenance. Notable trends are: Refinery Sector to Witness Significant Growth.

The South America City Gas Distribution Market is segmented into different types and end-users. Compressed Natural Gas (CNG), which is used as a fuel for vehicles, is a major segment. Pipeline Natural Gas (PNG) is another important segment, which involves the distribution of natural gas through pipelines to homes and industries. The market is also segmented based on end-users, including industrial, power sector, residential and commercial, and transportation. Recent developments include: August 2022: As part of Ambipar's initial investment of USD 5.5 million, it incorporates trucks equipped with compressed natural gas (CNG) technology, such as Scania R 410 6X2 models, into its fleet. Ambipar estimates a 20% reduction in carbon dioxide emissions in the Corridor after the first year of circulation of these new units. By incorporating compressed natural gas (CNG) trucks on a large scale, the Sustainable Corridor Project begins the process of changing its fleet's energy matrix to renewable and cleaner sources of power., May 2022: Compagas, Parana state's gas distribution company, and Brazilian logistic operator NEOgas started a pilot project to transport compressed natural gas (CNG) via natural gas-fueled trucks. The project aims to provide a greener and more cost-effective solution to the transportation of natural gas to the countryside of Brazil. The pilot project lasts around 30 days, with NEOgas compressing Compagas' natural gas at the Ponta Grossa station. The natural gas-fueled trucks from vehicle manufacturer Scania will then transport the gas daily for 130 km to the city of Arapoti, where the paper company BO Paper plans to use it.. Key drivers for this market are: 4., Rising Industrialization across the Globe4.; Increasing Utilization of Natural Gas. Potential restraints include: 4., High Cost of Installation and Maintenance. Notable trends are: Power Sector to Dominate the Market.

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.

About the Project

KAPSARC is analyzing the shifting dynamics of the global gas markets. Global gas markets have turned upside down during the past five years: North America has emerged as a large potential future LNG exporter while gas demand growth has been slowing down as natural gas gets squeezed between coal and renewables. While the coming years will witness the fastest LNG export capacity expansion ever seen, many questions are raised on the next generation of LNG supply, the impact of low oil and gas prices on supply and demand patterns and how pricing and contractual structure may be affected by both the arrival of U.S. LNG on global gas markets and the desire of Asian buyers for cheaper gas.

Key Points

In the past year, global gas prices have dropped significantly, albeit at unequal paces depending on the region. All else being equal, economists would suggest that this should have generated a positive demand response. However, “all else” was not equal. Prices of other commodities also declined while economic growth forecasts were downgraded.

Prices at benchmark points such as the U.K. National Balancing Point (NBP), U.S. Henry Hub (HH) and Japan/Korea Marker (JKM) slumped due to lower oil prices, liquefied natural gas (LNG) oversupply and unseasonal weather. Yet, the prices of natural gas in local currencies have increased in a number of developing countries in Africa, the Middle East, Latin America, former Soviet Union (FSU) and Asia.

North America experienced demand growth while gas in Europe and Asia faced rising competition from cheaper coal, renewables and, in some instances, nuclear. Gains to European demand were mostly weather related while increases in Africa and Latin America were not significant.

For LNG, Europe became the market of last resort as Asian consumption declined. Moreover, an anticipated surge in LNG supply, brought on by several new projects, may lead to a confrontation with Russian or other pipeline gas suppliers to Europe. At the same time, Asian buyers are seeking concessions on pricing and flexibility in their long-term contracts.

Looking ahead, natural gas has to prove itself a credible and affordable alternative to coal, notably in Asia, if the world is to reach its climate change targets. The future of the gas industry will also depend on oil prices, evolution of Chinese energy demand and impact of COP21 on national energy policies. Current low prices mean there is likely to be a pause in final investment decisions (FIDs) on LNG projects in the coming years.