US gasoline prices soared in March 2026, with the EIA reporting an average of $3.638 per gallon ($0.96 per liter), the highest since September 2023. In addition, AAA data showed the national average hitting $4.02 per gallon by month-end, topping $4 for the first time since 2022, as the Middle East conflict disrupted global oil markets. Prices at the pump jumped by $1 per gallon in just one month following the US-Israel offensive against Iran, marking a 34.7% increase from February’s $2.98. This monthly surge exceeds even the spikes after Hurricane Katrina (2005) and Russia’s 2022 invasion of Ukraine, making it the sharpest rise in decades. source: U.S. Energy Information Administration
Gasoline Prices in the United States increased to 0.96 USD/Liter in March from 0.77 USD/Liter in February of 2026. Gasoline Prices in the United States averaged 0.60 USD/Liter from 1991 until 2026, reaching an all time high of 1.30 USD/Liter in June of 2022 and a record low of 0.24 USD/Liter in February of 1999. This page 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. United States Gasoline Prices - values, historical data and charts - was last updated on April of 2026.
Gasoline Prices in the United States increased to 0.96 USD/Liter in March from 0.77 USD/Liter in February of 2026. Gasoline Prices in the United States is expected to be 1.16 USD/Liter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Gasoline Prices is projected to trend around 1.16 USD/Liter in 2027 and 1.54 USD/Liter in 2028, according to our econometric models.