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.
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Graph and download economic data for US Regular All Formulations Gas Price (GASREGW) from 1990-08-20 to 2025-06-23 about gas, commodities, and USA.
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Natural Gas: Average Commercial Price: Wisconsin data was reported at 8.150 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 8.160 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Wisconsin data is updated monthly, averaging 6.510 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 14.630 USD/1000 Cub ft in Jul 2008 and a record low of 3.560 USD/1000 Cub ft in Sep 1995. Natural Gas: Average Commercial Price: Wisconsin 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.
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Natural Gas: Average Commercial Price: Connecticut data was reported at 9.750 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 8.680 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Connecticut data is updated monthly, averaging 8.745 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 18.130 USD/1000 Cub ft in Jul 2008 and a record low of 3.970 USD/1000 Cub ft in Aug 2000. Natural Gas: Average Commercial Price: Connecticut 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.
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Graph and download economic data for Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in U.S. City Average (APU000074714) from Jan 1976 to May 2025 about energy, gas, retail, price, and USA.
Natural gas prices are the highest in the residential sector. In 2023, U.S. households paid an all time high average of 15.2 U.S. dollars per 1,000 cubic feet. Commercial natural gas costs were second-highest, while prices in the electric power sector were the lowest, at around four U.S. dollars on average. Prices for the industrial and electric power customers tend to be close to the wholesale electricity price. All sectors saw a year-on-year increase in natural gas prices in 2022 due to the decline in U.S. natural gas production in the first quarter of 2022, which resulted in high withdrawals of natural gas from storage and an increase in average natural gas prices. The growing natural gas market In recent years, the average natural gas prices for all sectors have been increasing in the United States. In 2022, the residential sector witnessed an increase in natural gas prices higher than 2008, while natural gas prices for other sectors were still lower despite increases in average natural gas prices for those sectors. Meanwhile, consumption of natural gas has increased more than any other fuel type following the 2008 Recession. Petroleum consumption has been more variable, and use of coal has significantly decreased. The price of coal and crude oil had already been increasing since the early 2000s, and was further exacerbated by the financial crisis. Around the same time, the cost of natural gas dropped significantly, making it a more viable economic alternative compared to other fossil fuels. This decrease was in part the result of drastically increased production of shale gas as a result of hydraulic fracturing and other techniques.
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Natural Gas: Average Commercial Price: Ohio data was reported at 7.680 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 7.330 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Ohio data is updated monthly, averaging 6.920 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 432 observations. The data reached an all-time high of 16.610 USD/1000 Cub ft in Jul 2008 and a record low of 4.050 USD/1000 Cub ft in Mar 1990. Natural Gas: Average Commercial Price: Ohio 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.
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Gasoline fell to 2.06 USD/Gal on June 30, 2025, down 0.90% from the previous day. Over the past month, Gasoline's price has fallen 0.23%, and is down 19.84% 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.
The average price for regular gasoline in the United States stood at **** U.S. dollars per gallon on June 30, 2025. This compared to a diesel price of **** U.S. dollars per gallon. Prices for gasoline decreased that week following a fall in crude oil prices. 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.
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Interactive chart illustrating the history of Henry Hub natural gas prices. The prices shown are in U.S. dollars.
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Natural Gas: Average Commercial Price: West Virginia data was reported at 9.810 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 9.260 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: West Virginia data is updated monthly, averaging 8.650 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 434 observations. The data reached an all-time high of 17.900 USD/1000 Cub ft in Jul 2008 and a record low of 3.510 USD/1000 Cub ft in Jan 2001. Natural Gas: Average Commercial Price: West Virginia 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.
In 2023, the industrial natural gas price in the United States was 4.59 U.S. dollars per thousand cubic feet. This was a decrease compared to the previous year. In 2008, the U.S. price of natural gas for industry peaked at 9.65 U.S. dollars per thousand cubic feet as a result of the Great Recession. Despite the increase in natural gas prices for the industry sector in recent years, natural gas prices for other sectors were much higher. Regional price variations across U.S. hubs Natural gas prices can vary significantly across different regions of the United States. In 2024, the Waha trading hub in the Permian basin recorded the lowest spot prices due to its proximity to productive oil and gas wells and limited pipeline capacity. Meanwhile, the Henry Hub, which serves as the U.S. natural gas benchmark, averaged 2.2 U.S. dollars per million British thermal units in 2024. Looking ahead, forecasts suggest that Henry Hub prices could more than double by 2026, driven by increased demand. Industry natural gas prices around the world Switzerland has some of the highest natural gas prices for the industrial sector. U.S. prices are especially low in comparison to European clients who rely on imports. U.S. industrial natural gas consumers paid around one fourth of the price paid by Swiss consumers.
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United States - PADD II (Midwest District) Midgrade All Formulations Gas Price was 3.53400 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD II (Midwest District) Midgrade All Formulations Gas Price reached a record high of 4.05700 in June of 2008 and a record low of 0.97000 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 All Formulations Gas Price - last updated from the United States Federal Reserve on May of 2025.
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Natural Gas: Average Commercial Price: New Jersey data was reported at 12.300 USD/1000 Cub ft in Feb 2025. This records a decrease from the previous number of 12.380 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: New Jersey data is updated monthly, averaging 8.770 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 432 observations. The data reached an all-time high of 18.530 USD/1000 Cub ft in Jun 2008 and a record low of 1.940 USD/1000 Cub ft in Aug 2000. Natural Gas: Average Commercial Price: New Jersey 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.
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Natural gas fell to 3.66 USD/MMBtu on June 30, 2025, down 2.07% from the previous day. Over the past month, Natural gas's price has fallen 0.88%, but it is still 47.76% higher than a year ago, 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 June of 2025.
The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in March 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.
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Natural Gas: Average Commercial Price: Massachusetts data was reported at 18.200 USD/1000 Cub ft in Feb 2025. This records an increase from the previous number of 16.960 USD/1000 Cub ft for Jan 2025. Natural Gas: Average Commercial Price: Massachusetts data is updated monthly, averaging 10.250 USD/1000 Cub ft from Jan 1989 (Median) to Feb 2025, with 431 observations. The data reached an all-time high of 19.120 USD/1000 Cub ft in Aug 2008 and a record low of 3.760 USD/1000 Cub ft in Jul 1992. Natural Gas: Average Commercial Price: Massachusetts 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.
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United States - PADD I (East Coast District) Regular All Formulations Gas Price was 3.34200 $ per Gallon in November of 2021, according to the United States Federal Reserve. Historically, United States - PADD I (East Coast District) Regular All Formulations Gas Price reached a record high of 4.03900 in July of 2008 and a record low of 0.90300 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 All Formulations Gas Price - last updated from the United States Federal Reserve on February of 2023.
In May 2025, one gallon of diesel cost an average of 3.5 U.S. dollars in the United States. That was a decrease compared to the month prior, and also lower than prices in May 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.
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United States - PADD V (West Coast District) Regular Conventional Gas Price was 3.89100 $ per Gallon in April of 2025, according to the United States Federal Reserve. Historically, United States - PADD V (West Coast District) Regular Conventional Gas Price reached a record high of 5.36300 in June of 2022 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 June of 2025.
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.