January Market Update Retail Gasoline Prices Decline for Third Consecutive Year In 2025 U.S. retail gasoline prices averaged $3.10 per gallon in 2025, down $0.21 from 2024, marking the third straight year of declines. The drop was primarily driven by lower crude oil prices caused by oversupply concerns and a weaker global economy early in […]
Read MoreDecember “Fueling Intelligence: U.S. Seized Sanctioned Venezuelan Tanker, PA and OH Retail Prices, 2025 Year-End Travel, Continuing Federal Rate Cut, Cold Weather Consumes NE U.S., and Updated EIA STEO”
December Market Update U.S. Seized Sanctioned Venezuelan Tanker The U.S. recently seized a Venezuelan oil tanker suspected of smuggling sanctioned crude, marking a significant escalation in enforcement against shadow fleets. This move disrupts Venezuela’s ability to export oil and signals that the Administration is willing to take direct action beyond financial sanctions, raising the stakes […]
Read MoreNovember “Fueling Intelligence: Heating Degree Days, Flight Cancellations, Inventory Levels, Gas Prices, Global Oil Demand, and the EIA Short Term Energy Outlook”
November Market Update Heating Degree Day Projection Winter 2025-2026 EIA anticipates winter temperatures—and therefore residential energy use—similar to last year. Retail electricity prices are higher nationwide compared to last winter, while natural gas prices remain roughly the same, and propane and heating oil prices are lower. Fuel inventories are a key focus ahead of winter […]
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