US Energy Information Administration news

The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook (STEO).

The US EIA has reported that the US is the largest exporter of LNG, ahead of Australia and Qatar, 10 years after the first cargo left the Sabine Pass Terminal.

US exports of refined petroleum products have increased steadily over 2025, with exports totalling 6.3 million bpd in January 2026, about 10% more than in January 2025 and near record highs, according to data from Vortexa.

The US Energy Information Administration has reported that many US states slightly increased their taxes and fees on gasoline in 2025, with highs recorded in California and lows in Alaska.

EIA forecasts that production of petroleum and other liquids will continue to exceed global demand, which results in Brent crude oil prices falling from an average of US$69/bbl in 2025 to US$58/bbl in 2026 and US$53/bbl in 2027.

In the latest Short-Term Energy Outlook (STEO), EIA forecasts that retail US gasoline prices will be lower in the next two years than in 2025, falling 6% in 2026 and then increasing 1% in 2027.

EIA expects that the US benchmark natural gas spot price at the Henry Hub to decrease about 2% to just under US$3.50 per million Btu in 2026 before rising sharply in 2027 to just under US$4.60 million Btu.

The US Energy Information Administration (EIA) has published the newest short-term energy outlook (STEO), including forecasts for 2027.

In 2025, the wholesale US natural gas spot price at the national benchmark Henry Hub in Louisiana averaged US$3.52 per million Btu, based on data from LSEG Data, the EIA has reported.

The US retail price for regular grade gasoline averaged US$3.10/gal. in 2025, US$0.21/gal. less than in 2024, which marked the third consecutive year of declining gasoline prices the EIA has reported.