US Energy Information Administration news
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.
US natural gas inventories enter winter at similar level to 2024, the most since 2016
Working natural gas in storage in the Lower 48 states ended the natural gas refill season with more than 3900 billion ft3, according to estimates based on data from the EIA’s Weekly Natural Gas Storage Report.
US biofuels production capacity growth slowed in 2024
The pace of capacity additions for US biofuel production slowed in 2024, with production capacity increasing by a modest 3% from the start of 2024 to the start of 2025, according to the EIA’s latest biofuels production capacity reports.
US fuel ethanol exports on track to set record, driving more domestic production
The US is on track to export a record amount of fuel ethanol for the second year in a row in 2025, driven by growing international demand, the EIA has reported.