Gasoline Prices _ Average Retail Prices

US Regular All Formulations Gas Price (GASREGW)

Most recent data from the U.S. Energy Information Administration (EIA)

Current Price and Trends

• The national average price for regular gasoline is $3.16 per gallon
• This price was recorded as of May 26, 2025

What GASREGW Means

• GASREGW is the official designation for tracking regular-grade gasoline prices across the United States
• It represents a weighted average based on sampling from approximately 900 retail outlets
• Prices are collected at 8:00 AM Monday each week
• The price includes all taxes and represents self-service unless only full-service is available

Technical Specifications

• Regular Gasoline must have an antiknock index (average of research octane rating and motor octane number) greater than or equal to 85 and less than 88
• Octane requirements may vary by altitude
• Prices are reported in dollars per gallon, not seasonally adjusted

US Premium All Formulations Gas Price (GASPRMW)

• GASPRMW tracks the national average price for premium-grade gasoline
• Premium Gasoline must have an antiknock index greater than 90 (average of research octane rating and motor octane number)
• Price is measured in dollars per gallon
• Data is collected weekly, ending Monday
• Not seasonally adjusted

Data Collection Method

• Based on sampling from approximately 900 retail outlets
• Prices are collected at 8:00 AM Monday
• Includes all taxes
• Represents self-service unless only full-service is available
• Weighted average across different regions

Average Price: Gasoline, Unleaded Regular in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A74714)

Average Price: Gasoline, Unleaded Regular in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A74714)

Average Price: Gasoline, Unleaded Regular (Cost per Gallon) in Atlanta-Sandy Springs-Roswell, GA (CBSA) (APUS35C74714)

Average Price: Gasoline, Unleaded Regular in Baltimore-Columbia-Towson, MD (CBSA) (APUS35E74714)

Crude Oil Prices: West Texas Intermediate (WTI) - Cushing, Oklahoma (DCOILWTICO)

Gasoline, Unleaded Regular in Dallas-Fort Worth-Arlington, TX (CBSA) (APUS37A74714)

Gasoline, Unleaded Regular in Los Angeles-Long Beach-Anaheim, CA (CBSA) (APUS49A74714)

Based on current data, here are the key factors that explain the significant price differences between Texas and California gasoline prices:

Price Differences

• California’s average gas price: $4.908 per gallon
• Texas’s average gas price: $2.793 per gallon
• Price difference: Approximately $2 more per gallon in California

Reasons for Higher California Prices

1. Oil Production and Supply

• California is considered a “fuel island” due to geographic isolation by the Rockies
• California imports over 70% of its crude oil, mostly from foreign sources
• Texas is the largest oil-producing state with more refineries and better connectivity

2. Refining Capacity

• California has about 14 refineries with decreasing production
• Texas has 31 petroleum refineries and one-third of U.S. total refining capacity

3. Environmental Regulations

• California has stricter environmental programs and unique blend requirements
• Special reformulated gasoline program more stringent than federal requirements
• Additional environmental restrictions on fuel transportation and storage

4. Taxes and Fees

• California has the second-highest gas tax in the U.S. (about 51 cents per gallon)
• Texas has one of the lowest gas taxes (20 cents per gallon, unchanged since 1991)
• California’s Cap-and-Trade Program adds about 20 cents per gallon to consumer costs

Crude Oil Prices: Brent - Europe (DCOILBRENTEU)

Capacity Utilization: Stage-of-Process: Crude Processing (CAPUTLB5610CS)