EIA Short-Term Energy Outlook · released Nov 10, 2026 · next Dec 8, 2026
Gas and diesel price forecast for 2027
The federal government’s official outlook: EIA expects regular gasoline to average $3.73 and diesel $5.03 a gallon in 2027. Shown exactly as EIA published it; this is EIA’s forecast, not ours.
| Annual average | 2024 | 2025 | 2026 forecast | 2027 forecast |
|---|---|---|---|---|
| Retail regular gasoline $/gal | $3.31 | $3.10 | $3.89 | $3.73 |
| Retail on-highway diesel $/gal | $3.76 | $3.66 | $5.25 | $5.03 |
| WTI crude oil $/bbl | $77 | $65 | $88 | $81 |
Source: EIA Short-Term Energy Outlook. Forecasts are uncertain and are revised every month.
Actual and forecast, annual
Through 2025: EIA annual averages. 2026 onward: STEO forecast.
Quick answers
What does EIA expect gas prices to be in 2027?
$3.73 a gallon on average for regular, and $5.03 for diesel, in the Short-Term Energy Outlook released November 10, 2026.
Is this your forecast?
No. These are the U.S. Energy Information Administration’s published forecasts, shown as released. Fuel Price Grid does not forecast prices.
How often is it updated?
Monthly. The next Short-Term Energy Outlook is scheduled for December 8, 2026; this page reads EIA daily and updates when the new edition is out.
This week’s actual prices: gasoline · diesel · crude and wholesale markets