In its newest brief time period vitality outlook (STEO), which was launched on February 11, the U.S. Power Info Administration (EIA) projected that the U.S. on-highway diesel gas worth will drop in 2025 and improve in 2026.
The EIA’s February STEO forecast that the U.S. on-highway diesel gas worth will common $3.63 per gallon in 2025 and $3.70 per gallon in 2026. This STEO highlighted that the U.S. on-highway gas worth averaged $3.76 per gallon in 2024.
In its earlier STEO, the EIA projected that the U.S. on-highway diesel gas worth would common $3.66 per gallon in 2025 and $3.64 per gallon in 2026. That STEO additionally highlighted that the 2024 U.S. on-highway diesel gas worth averaged $3.76 per gallon.
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The EIA’s newest STEO sees the U.S. on-highway diesel gas worth averaging $3.65 per gallon within the first quarter of 2025, $3.59 per gallon within the second quarter, $3.60 per gallon within the third quarter, $3.68 per gallon within the fourth quarter, $3.71 per gallon within the first quarter of subsequent 12 months, $3.68 per gallon within the second quarter, $3.70 per gallon within the third quarter, and $3.72 per gallon within the fourth quarter of 2026.
In its earlier STEO, the EIA projected that the U.S. on-highway diesel gas worth would common $3.57 per gallon within the first quarter of 2025, $3.60 per gallon within the second quarter, $3.72 per gallon within the third quarter, $3.76 per gallon within the fourth quarter, $3.70 per gallon within the first quarter of 2026, and $3.62 per gallon throughout the second, third, and 4 quarters of subsequent 12 months.
Current US Diesel Value
The EIA’s newest diesel gas replace, which was launched on February 18, confirmed that the U.S. on-highway diesel gas worth averaged $3.660 per gallon on February 3, $3.665 per gallon on February 10, and $3.677 per gallon on February 17. The February 17 worth was down $0.432 in comparison with the 12 months in the past worth, the 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 worth as of February 17, at $4.316 per gallon. The Gulf Coast was proven to have the bottom U.S. on-highway diesel gas worth as of February 17, at $3.382 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 break up into three subdistricts. PADDs 6 and seven embody U.S. territories, the positioning provides.
In accordance with the AAA Gas Costs web site, the typical U.S. diesel worth is $3.694 per gallon, as of February 21. Yesterday’s common was $3.693 per gallon, the week in the past common was $3.672 per gallon, the month in the past common was $3.650 per gallon, and the 12 months in the past common was $4.097 per gallon, the positioning confirmed.
The very best recorded common U.S. diesel worth was seen on June 19, 2022, at $5.816 per gallon, the AAA web site highlighted.
What do you Pay for in a Gallon?
The EIA’s newest gas replace, which put the diesel worth at $3.49 per gallon in December 2024, confirmed that 48 % of this complete went in the direction of crude oil prices, 22 % went in the direction of distribution and advertising prices, 17 % went in the direction of taxes, and 13 % went in the direction of refining prices.
An EIA diesel gas replace launched in February final 12 months, which pegged the retail worth of diesel at $3.97 per gallon in December 2023, revealed that 44 % of that complete 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 15 % went in the direction of taxes.
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