Gas Price Inflation: What You Pay at the Pump (2015–2026)
Track gas price inflation from 2015 to 2026. See how gas prices have changed, what drives prices at the pump, and historical gas price data from the EIA.
Gas prices are the most visible and emotionally charged inflation indicator. From pandemic lows of $2.19/gallon to a $5.02 peak in June 2022, the swings have been dramatic. This page aggregates all our gas price data, charts, and analysis. See our Gas Prices by State map and Gas vs Oil Prices breakdown for more detail.
The Gas Pump Index: 2015–2025
U.S. regular unleaded gasoline, annual average price per gallon
Source: U.S. Energy Information Administration (EIA)keepingupwithinflation.com
Then (2020)
$2.19/gal
Now (2025)
$3.22/gal
Change
+47%
Gas Prices: 2019 to Today
From $2.60/gallon in 2019 to $3.95 in 2022 (peaking at $5.02 in June) to $3.22 in 2025. The correction has been meaningful but prices remain well above pre-pandemic levels.
What Drives Gas Prices
Crude oil costs (50-60%), refining margins (15-20%), federal and state taxes (15-20%), and distribution (5-10%). Geopolitical events, hurricane season, and seasonal driving demand all cause short-term swings.
The Outlook
Record U.S. domestic production (13+ million barrels/day), tepid global demand, and early EV adoption are structural tailwinds. But OPEC cuts and geopolitical risk remain wild cards.
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