US refinery news
EIA: many US states slightly increased taxes and fees on gasoline in 2025
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 lower oil prices in 2026 and 2027 due to persistent stock builds
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.
API: calls for congressional action for refiners
The American Petroleum Institute (API) has called for swift congressional action on year-round E15 and refinery certainty.
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 publishes January STEO
The US Energy Information Administration (EIA) has published the newest short-term energy outlook (STEO), including forecasts for 2027.
Ketjen announces pricing adjustment for hydroprocessing catalysts
Ketjen has announced that it will implement a pricing adjustment for its hydroprocessing catalyst portfolio, effective 15 January 2026.
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.
PBF Energy provides update on Martinez refinery operations
PBF Energy Inc. has announced that that rebuild activities at its Martinez, California, US, refinery, following the 1 February 2025 fire, are now expected to progress into February 2026.
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.