The U.S. common gasoline retail worth and the U.S. on-highway diesel gasoline retail worth will each drop from 2025 to 2026.
That’s in keeping with the U.S. Vitality Data Administration’s (EIA) newest quick time period vitality outlook (STEO), which was revealed on December 9.
This STEO sees the U.S. common gasoline retail worth averaging $3.11 per gallon this 12 months and $3.00 per gallon in 2026. The EIA’s December STEO tasks that the U.S. on-highway diesel gasoline retail worth will are available in at $3.60 per gallon in 2025 and $3.32 per gallon subsequent 12 months.
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The EIA’s newest STEO confirmed that the U.S. common gasoline retail worth and the U.S. on-highway diesel gasoline retail worth averaged $3.31 per gallon and $3.60 per gallon, respectively, in 2024.
A quarterly breakdown included within the EIA’s newest STEO highlighted that the gasoline retail worth averaged $3.10 per gallon within the first quarter of this 12 months, $3.16 per gallon within the second quarter, and $3.14 per gallon within the third quarter. It projected that this worth will are available in at $3.03 per gallon within the fourth quarter of 2025, $2.88 per gallon within the first quarter of subsequent 12 months, $3.05 per gallon within the second quarter, $3.12 per gallon within the third quarter, and $2.94 per gallon within the fourth quarter of 2026.
One other quarterly breakdown within the EIA’s December STEO confirmed that the on-highway diesel worth was $3.63 per gallon within the first quarter of 2025, $3.55 per gallon within the second quarter, and $3.76 per gallon within the third quarter. The EIA’s newest STEO projected that the U.S. on-highway diesel gasoline retail worth will common $3.75 per gallon within the fourth quarter of 2025, $3.60 per gallon within the first quarter of 2026, $3.41 per gallon within the second quarter, $3.46 per gallon within the third quarter, and $3.53 per gallon within the fourth quarter.
Present Value
In accordance with the AAA Gasoline Costs web site, the common common gasoline worth within the U.S. is $2.825 per gallon, as of December 29. Yesterday’s common was $2.828 per gallon, the week in the past common was $2.855 per gallon, the month in the past common was $3.012 per gallon, and the 12 months in the past common was $3.025 per gallon, the positioning confirmed.
The AAA Gasoline Costs web site confirmed that the common U.S. diesel worth is $3.552 per gallon, as of December 29. Yesterday’s common was $3.565 per gallon, the week in the past common was $3.588 per gallon, the month in the past common was $3.754 per gallon, and the 12 months in the past common was $3.504 per gallon, the positioning confirmed.
The best recorded common worth of normal gasoline within the U.S. was seen on June 14, 2022, at $5.016 per gallon, and the very best recorded common worth of diesel within the U.S. was seen on June 19, 2022, at $5.816 per gallon, the AAA Gasoline Costs web site outlined.
GasBuddy’s dwell ticking common for normal gasoline within the U.S. was $2.766 per gallon as of 5.45 am EST on December 29. The determine was 3.3 cents down from yesterday’s common, 3.2 cents down from final week’s common, 22.5 cents down from final month’s common, and 24.2 cents down from final 12 months’s common, GasBuddy’s web site highlighted.
The EIA’s newest gasoline and diesel gasoline replace, which was launched on December 23, confirmed a declining development for the U.S. common gasoline and U.S. on-highway diesel gasoline worth.
In accordance with this replace, the U.S. common gasoline worth averaged $2.940 per gallon on December 8, $2.895 per gallon on December 15, and $2.841 per gallon on December 22. The U.S. on-highway diesel gasoline worth averaged $3.665 per gallon on December 8, $3.607 per gallon on December 15, and $3.544 per gallon on December 22, this gasoline replace confirmed.
GasBuddy states on its web site that its mission is “to make gasoline financial savings simpler and extra accessible for everybody”. The AAA Gasoline Costs web site describes itself as a public service of the US of America’s largest motoring and leisure journey membership group.
The EIA notes on its web site that it “collects, analyzes, and disseminates unbiased and neutral vitality info to advertise sound policymaking, environment friendly markets, and public understanding of vitality and its interplay with the financial system and the atmosphere”.
To contact the writer, e-mail andreas.exarheas@rigzone.com
