In its newest brief time period vitality outlook (STEO), which was launched on Might 6, the EIA raised its U.S. on-highway diesel gas value forecast for 2025 and 2026.
In line with that STEO, the EIA expects the U.S. on-highway diesel gas value to common $3.49 per gallon in 2025 and $3.54 per gallon in 2026. In its earlier STEO, which was launched in April, the EIA projected that the U.S. on-highway diesel gas value would are available in at $3.44 per gallon in 2025 and $3.53 per gallon in 2026.
Each STEOs highlighted that the 2024 U.S. on-highway diesel gas value averaged $3.76 per gallon.
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In its newest STEO, the EIA forecast that the U.S. on-highway diesel gas value will are available in at $3.50 per gallon within the second quarter of this yr, $3.40 per gallon within the third quarter, $3.44 per gallon within the fourth quarter, $3.52 per gallon throughout the primary and second quarter of subsequent yr, $3.55 per gallon within the third quarter, and $3.58 per gallon within the fourth quarter.
In its April STEO, the EIA projected that the U.S. on-highway diesel gas value would common $3.41 per gallon within the second quarter of this yr, $3.30 per gallon within the third quarter, $3.41 per gallon within the fourth quarter, $3,51 per gallon within the first quarter of 2026, $3.49 per gallon within the second quarter, $3.53 per gallon within the third quarter, and $3.57 per gallon within the fourth quarter of subsequent yr.
Each STEOs identified that the U.S. on-highway diesel gas value averaged $3.63 per gallon within the first quarter of 2025.
Present Worth
In its newest diesel gas replace, which was launched on Might 13, the EIA confirmed that the typical U.S. on-highway diesel gas value was $3.514 per gallon on April 28, $3.497 per gallon on Might 5, and $3.476 per gallon on Might 12. The Might 12 value was $0.372 down from the yr in the past value, the EIA’s newest diesel gas 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 U.S. on-highway diesel gas value as of Might 12, at $4.211 per gallon. The Gulf Coast was proven to have the bottom U.S. on-highway diesel value as of Might 12, at $3.143 per gallon.
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 positioning provides.
In line with the AAA Gas Costs web site, the typical U.S. diesel value is $3.548 per gallon, as of Might 15. Yesterday’s common was $3.542 per gallon, the week in the past common was $3.537 per gallon, the month in the past common was $3.585 per gallon, and the yr in the past common was $3.935 per gallon, the positioning highlighted.
The very best recorded common value for diesel within the U.S. was seen on June 19, 2022, at $5.815 per gallon, the AAA Gas Costs web site outlined.
What Do You Pay For?
The EIA’s newest diesel gas replace, which pegged the diesel value at $3.59 per gallon in March 2025, confirmed that 46 p.c of that whole went in the direction of crude oil prices, 23 p.c went in the direction of distribution and advertising and marketing prices, 17 p.c went in the direction of taxes, and 15 p.c went in the direction of refining prices.
In line with an EIA diesel gas replace launched again in Might 2024, which pinned the diesel value at $4.02 per gallon in March final yr, 47 p.c of that whole went in the direction of crude oil prices, 19 p.c went in the direction of refining prices, 19 p.c went in the direction of distribution and advertising and marketing prices, and 15 p.c went in the direction of taxes.
To contact the writer, electronic mail andreas.exarheas@rigzone.com
