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U.S. Energy Information Administration - EIA - Independent Statistics and Analysis

Recent Data

Price summary (historical and forecast)
	2023	2024	2025	2026
WTI Crude Oil^a dollars per barrel	77.58	76.60	70.31	62.46
Brent Crude Oil dollars per barrel	82.41	80.56	74.31	66.46
Gasoline^b dollars per gallon	3.52	3.31	3.20	3.02
Diesel^c dollars per gallon	4.22	3.76	3.66	3.64
Heating Oil^d dollars per gallon	3.84	3.60	3.52	3.40
Natural Gas^d dollars per thousand cubic feet	15.35	14.66	13.98	13.93
Electricity^d cents per kilowatthour	16.00	16.43	16.79	17.32
^aWest Texas Intermediate. ^bAverage regular pump price. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook	^cOn-highway retail. ^dU.S. Residential average.

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Updated Data Series
01/14/2025Monthly short-term forecasts to 2026
03/16/2023Annual projections to 2050
10/06/2021International projections to 2050

Analysis & Projections

Recent | Highlighted Reports

Report Types: Analysis, Forecast

Short-Term Energy Outlook
Released January 14, 2025 | tags: CO2 OECD OPEC STEO WTI alternative fuels +coal consumption/demand crude oil distillate fuel electric generation electricity emissions environment exports/imports forecasts/projections gasoline heating oil hydroelectric inventories/stocks liquid fuels monthly most popular natural gas non-OPEC nuclear oil/petroleum petroleum products prices production/supply renewables spot prices total energy
Report Types: Analysis, Forecast

AEO Table Browser
Released March 16, 2023 | tags: AEO NEMS all fuel sources alternative fuels annual buildings +coal commercial consumption/demand electric generation environment exports/imports forecasts/projections most popular natural gas nuclear oil/petroleum policy prices production/supply renewables residential resources total energy transportation
Report Types: Analysis, Forecast

Annual Energy Outlook
Released March 16, 2023 | tags: AEO NEMS all fuel sources alternative fuels annual buildings +coal commercial consumption/demand electric generation environment exports/imports forecasts/projections most popular natural gas nuclear oil/petroleum policy prices production/supply renewables residential resources total energy transportation
Report Type: Analysis

U.S. retail gasoline prices to decrease in 2025 and 2026 with lower crude oil price
Released January 22, 2025 | tags: STEO crude oil forecasts/projections gasoline liquid fuels oil/petroleum +prices
Report Type: Analysis

EIA forecasts lower oil price in 2025 amid significant market uncertainties
Released January 21, 2025 | tags: Brent STEO consumption/demand crude oil forecasts/projections liquid fuels +oil/petroleum prices production/supply
Report Type: Analysis

A look back at our forecast for global crude oil prices in 2024
Released January 17, 2025 | tags: Brent STEO crude oil forecasts/projections liquid fuels oil/petroleum +prices
Report Type: Analysis

EIA extends five key energy forecasts through December 2026
Released January 15, 2025 | tags: STEO capacity consumption/demand crude oil electricity exports/imports +forecasts/projections generation liquid fuels natural gas oil/petroleum
Report Types: Analysis, Forecast

STEO Data Browser
Released January 14, 2025 | tags: CO2 OECD OPEC STEO WTI alternative fuels +coal consumption/demand crude oil distillate fuel electric generation electricity emissions environment exports/imports forecasts/projections gasoline heating oil hydroelectric inventories/stocks liquid fuels monthly most popular natural gas non-OPEC nuclear oil/petroleum petroleum products prices production/supply renewables spot prices total energy
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