How Much Does the Average American Spend on Gas Each Year?

America is the world's most power-hungry nation, and fossil fuels have been our preferred power source for a century or more. Given current trends, that might not be the case a century from now -- but there's no doubt we still burn plenty of dead dinosaurs to get around.

Fuel Use

  • There are several ways of calculating how much Americans spend on gasoline every year, but you can get a pretty good estimate according to how much gas we use in a year, and the number of people out there. Using this method, the AAA figured out in 2012 that the average American goes through about 533 gallons of gas a year in the course of driving an average 12,000 miles a year. As of June, 2014, the average nationwide price of fuel is $3.67 a gallon. So, assuming American's are still using the same amount we did in 2012, then the average person pays about $1,956 for gasoline.

    That's a lot, but here's the good news: It's down about 6 percent from America's record high in 2007, just before the economy imploded. But a 6 percent drop in five years is still pretty respectable.