The U.S. Vitality Data Administration (EIA) expects the U.S. common gasoline retail value to drop this yr and subsequent yr, in accordance with its newest brief time period power outlook, which was launched on Might 6.
Based on that STEO, the EIA sees the U.S. common gasoline retail value averaging $3.09 per gallon in 2025 and $3.07 per gallon in 2026. The EIA highlighted within the STEO that the U.S. common gasoline retail value averaged $3.31 per gallon in 2024.
In its newest STEO the EIA projected that the U.S. common gasoline retail value will are available in at $3.16 per gallon within the second quarter of this yr, $3.12 per gallon within the third quarter, $2.99 per gallon within the fourth quarter, $2.96 per gallon within the first quarter of 2026, $3.16 per gallon within the second quarter, $3.17 per gallon within the third quarter, and $2.96 per gallon within the fourth quarter of subsequent yr.
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In its earlier STEO, which was launched again in April, the EIA projected that the U.S. common gasoline retail value would common $3.09 per gallon in 2025 and $3.11 per gallon in 2026. That STEO additionally identified that the U.S. common gasoline retail value averaged $3.31 per gallon final yr.
The EIA’s April STEO forecast that the U.S. common gasoline retail value would are available in at $3.10 per gallon within the second quarter of 2025, $3.14 per gallon within the third quarter, $3.01 per gallon within the fourth quarter, $2.99 per gallon within the first quarter of 2026, $3.21 per gallon within the second quarter, $3.22 per gallon within the third quarter, and $3.00 per gallon within the fourth quarter of subsequent yr.
“We count on gasoline costs throughout the US will common $3.14 per gallon over 2Q25 and 3Q25, down 9 % from the identical interval final yr,” the EIA famous in its newest STEO.
“Decrease gasoline costs this summer time principally mirror decrease crude oil costs,” the EIA added.
EIA Gasoline Gasoline Replace
In its newest gasoline gasoline replace, which was launched on Might 13, the EIA confirmed that the U.S. common gasoline value averaged $3.133 per gallon on April 28, $3.147 per gallon on Might 5, and $3.120 per gallon on Might 12. The Might 12 value was down $0.488 from the yr in the past value, the EIA’s gasoline replace outlined.
Of the 5 Petroleum Administration for Protection District (PADD) areas highlighted within the EIA’s newest gasoline replace, the West Coast was proven to have the very best U.S. common gasoline value as of Might 12, at $4.224 per gallon. The Gulf Coast was proven to have the bottom U.S. common gasoline value as of Might 12, at $2.692 per gallon.
A glossary part of the EIA website 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.
Based on the AAA Gasoline Costs web site, the common U.S. common gasoline value is $3.180 per gallon, as of Might 14. Yesterday’s common was $3.157 per gallon, the week in the past common was $3.154 per gallon, the month in the past common was $3.184 per gallon, and the yr in the past common was $3.611 per gallon, the location highlighted.
The best recorded common value for normal gasoline within the U.S. was seen on June 14, 2022, at $5.016 per gallon, the AAA Gasoline Costs website outlined.
What Do You Pay For in a Gallon of Gasoline?
The EIA’s newest gasoline gasoline replace, which pegged the common gasoline value at $3.10 per gallon in March 2025, confirmed that 54 % of that whole went in the direction of crude oil prices, 17 % went in the direction of taxes, 16 % went in the direction of distribution and advertising and marketing prices, and 14 % went in the direction of refining prices.
Based on an EIA gasoline gasoline replace launched again in Might 2024, which pegged the retail value of normal gasoline at $3.43 per gallon in March 2024, 56 % of that whole went in the direction of crude oil prices, 19 % went in the direction of refining prices, 15 % went in the direction of taxes, and 10 % went in the direction of distribution and advertising and marketing prices.
To contact the creator, e mail andreas.exarheas@rigzone.com
