In its newest brief time period power outlook (STEO), which was launched on September 9, the U.S. Vitality Info Administration (EIA) projected that the U.S. on-highway diesel gasoline worth will drop in each 2025 and 2026.
In response to this STEO, the EIA expects the U.S. on-highway diesel gasoline worth to common $3.65 per gallon in 2025 and $3.46 per gallon in 2026. The U.S. on-highway diesel gasoline worth averaged $3.76 per gallon in 2024, the STEO confirmed.
A quarterly breakdown included within the EIA’s newest STEO revealed that the EIA expects the U.S. on-highway diesel gasoline worth to come back in at $3.75 per gallon within the third quarter, $3.67 per gallon within the fourth quarter, $3.47 per gallon within the first quarter of 2026, $3.35 per gallon within the second quarter, $3.46 per gallon within the third quarter, and $3.57 per gallon within the fourth quarter of subsequent yr.
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In its earlier STEO, which was launched in August, the EIA forecast that the U.S. on-highway diesel gasoline worth would common $3.66 per gallon in 2025 and $3.47 per gallon in 2026.
In that STEO, the EIA projected that the U.S. on-highway diesel gasoline worth would common $3.78 per gallon within the third quarter, $3.66 per gallon within the fourth quarter, $3.49 per gallon within the first quarter of 2026, $3.36 per gallon within the second quarter, $3.47 per gallon within the third quarter, and $3.57 per gallon within the fourth quarter of 2026.
Each STEOs confirmed that the U.S. on-highway diesel gasoline worth averaged $3.63 per gallon within the first quarter of 2025 and $3.55 per gallon within the second quarter.
The EIA’s newest diesel gasoline replace, which was launched on September 16, confirmed a combined bag for U.S. on-highway diesel gasoline costs.
In response to that replace, the U.S. on-highway diesel gasoline worth averaged $3.734 per gallon on September 1, then elevated to $3.766 per gallon on September 8, earlier than dropping to $3.739 per gallon on September 15.
Though the September 15 worth was down $0.027 from the week in the past worth, it was up $0.213 from the yr in the past worth, the 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. on-highway diesel gasoline worth as of September 15, at $4.523 per gallon. The Gulf Coast was proven within the replace to have the bottom U.S. on-highway diesel gasoline worth as of September 15, at $3.389 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 break up into three subdistricts. PADDs 6 and seven embody U.S. territories, the positioning provides.
In response to the AAA Gasoline Costs web site, the common diesel worth within the U.S. is $3.688 per gallon, as of September 22. Yesterday’s common was $3.695 per gallon, the week in the past common was $3.685 per gallon, the month in the past common was $3.689 per gallon, and the yr in the past common was $3.586 per gallon, the positioning confirmed.
The best recorded common worth for diesel within the U.S. was seen on June 19, 2022, at $5.815 per gallon, the AAA Gasoline Costs web site identified.
In response to the EIA’s newest diesel gasoline replace, which pegged the diesel retail worth at $3.78 per gallon in July, 44 % of that whole went in the direction of crude oil prices, 22 % went in the direction of refining prices, 19 % went in the direction of distribution and advertising prices, and 16 % went in the direction of taxes.
An EIA diesel gasoline replace launched in September final yr, which pinned the diesel worth at $3.81 per gallon in July 2024, confirmed that 51 % of that whole went in the direction of crude oil prices, 21 % went in the direction of distribution and advertising prices, 16 % went in the direction of taxes, and 13 % went in the direction of refining prices.
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