In its newest gasoline gas replace, which was launched this week, the U.S. Power Data Administration (EIA) confirmed an growing value development for U.S. common gasoline.
The replace highlighted that the U.S. common gasoline value averaged $3.108 per gallon on June 9, $3.139 per gallon on June 16, and $3.213 per gallon on June 23. The June 23 value was $0.225 lower than the yr in the past value, the replace outlined.
Of the 5 Petroleum Administration for Protection District (PADD) areas highlighted within the EIA’s newest gas replace, the West Coast was proven to have the best common gasoline value as of June 23, at $4.162 per gallon. The Gulf Coast was proven within the replace to have the bottom common gasoline value as of June 23, at $2.844 per gallon.
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A glossary part of the EIA web site notes that the 50 U.S. states and the District of Columbia are divided into 5 districts, with PADD 1 additional cut up into three subdistricts. PADDs 6 and seven embody U.S. territories, the location provides.
Present Value
In keeping with the AAA Gasoline Costs web site, the common value of standard gasoline within the U.S. is $3.207 per gallon, as of June 27. Yesterday’s common was $3.220 per gallon, the week in the past common was $3.217 per gallon, the month in the past common was $3.174 per gallon, and the yr in the past common was $3.503 per gallon, the location confirmed.
The best recorded common value for normal gasoline was seen on June 14, 2022, at $5.016 per gallon, the AAA Gasoline Costs web site outlined.
GasBuddy’s reside ticking common for normal gasoline within the U.S. was $3.199 per gallon as of seven.25am EST on June 27. The determine was 0.9 cents decrease than yesterday’s common, 1.7 cents decrease than final week’s common, 5.2 cents larger than final month’s common, and 31.0 cents decrease than final yr’s common, GasBuddy’s web site highlighted.
Gasoline Value Projection
In its newest brief time period vitality outlook (STEO), which was launched on June 10, the EIA projected that the common gasoline retail value within the U.S. will common $3.09 per gallon in 2025 and $3.08 per gallon in 2026.
The EIA forecast in that STEO that the common gasoline retail value within the U.S. will common $3.16 per gallon within the second quarter of 2025, $3.14 per gallon within the third quarter, $2.97 per gallon within the fourth quarter, $2.95 per gallon within the first quarter of 2026, $3.17 per gallon within the second quarter, $3.21 per gallon within the third quarter, and $3.01 per gallon within the fourth quarter.
That STEO highlighted that the common gasoline retail value within the U.S. averaged $3.10 per gallon within the first quarter of 2025 and $3.31 per gallon general in 2024.
In its earlier STEO, which was launched in Could, the EIA projected that the common gasoline retail value within the U.S. would are available at $3.09 per gallon in 2025 and $3.07 per gallon in 2026.
What Do You Pay For in a Gallon of Gasoline?
The EIA’s newest gas replace, which pegged the retail value of standard gasoline at $3.17 per gallon in April 2025, confirmed that 49 p.c of that whole went in direction of crude oil prices, 19 p.c went in direction of distribution and advertising prices, 16 p.c went in direction of taxes, and 16 p.c went in direction of refining prices.
A earlier EIA gas replace launched in June 2024, which pinned the retail value of standard gasoline at $3.61 per gallon in April that yr, confirmed that 55 p.c of that whole went in direction of crude oil prices, 19 p.c went in direction of refining prices, 14 p.c went in direction of taxes, and 12 p.c went in direction of distribution and advertising prices.
To contact the writer, electronic mail andreas.exarheas@rigzone.com
