Monthly gasoline consumption in the U.S. 2022-2024

The consumption of gasoline in the United States amounted to some 8.62 million barrels per day in December 2024. In the period of consideration, gasoline consumption reached its highest four-week average in July 2024. 

Gasoline production and sales

Despite the U.S. reporting a decrease in domestic motor gasoline refinery production in recent years, the gasoline market has been thriving, with gasoline sales across various stations in the country totaling 654 billion U.S. dollars in 2023. Meanwhile, real gasoline prices for end users climbed to around 1.4 real U.S. dollars per gallon.

Gasoline vs diesel

Both diesel and gasoline are derived from crude oil. Gasoline, however, undergoes a more extensive refining process, resulting in a more volatile compound compared to diesel. This characteristic accelerates the combustion of gasoline, yielding greater horsepower in practical applications. Diesel's advantage lies in its slower burn, which makes it especially fuel efficient and more favorable for heavy-duty vehicles. The average consumption of diesel fuel in the United States stood at 3.59 million barrels per day in November 2024.