US Energy Information Administration news
EIA expects lower gasoline prices in 2026 and 2027 as crude oil prices fall
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: Henry Hub natural gas spot prices to fall in 2026 before rising in 2028
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.
EIA publishes January STEO
The US Energy Information Administration (EIA) has published the newest short-term energy outlook (STEO), including forecasts for 2027.
US natural gas spot prices increased from 2024’s record low in 2025
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.
US retail gasoline prices decrease for third consecutive year
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.
Crude oil prices fell in 2025 amid oversupply
The US EIA has reported that crude oil prices generally declined in 2025 with supplies in the global crude oil market exceeding demand.
EIA: December STEO
The US Energy Information Administration has released the December Short-Term Energy Outlook.
US retail gasoline prices fall below US$3/gal.
US retail prices have fallen below US$3/gal., the lowest price since 2021, the US Energy Information Administration has reported.
Geopolitical developments contribute to elevated diesel prices
The US Energy Information Administration (EIA) considers key geopolitical developments that have contributed to rising diesel prices in the final months of 2025.
US average gasoline prices this Thanksgiving similar to last
On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.