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Posted September 2 2016Today in Energy
Gasoline prices prior to Labor Day lowest in 12 years ›
The U.S. average retail price for regular gasoline was $2.24/gallon (gal) on August 29, the lowest price on the Monday before Labor Day since 2004, and 27¢/gal lower than the same time last year. Lower crude oil prices are the main factor behind falling U.S. gasoline prices. Lower crude oil prices reflect continued high global crude oil and petroleum product inventories and increased drilling activity in the United States. More›
Source: EIA, Gasoline and Diesel Fuel Update
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Near real-time electricity operations data for the Lower 48 states.
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See all the presentations from EIA's 2016 Energy Conference.
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Our Experts Speak
EIA Administrator Adam Sieminski presents select Annual Energy Outlook 2016 cases ›
June 28, 2016
EIA Deputy Administrator Howard Gruenspecht provides testimony on the Renewable Fuels Standard ›
June 22, 2016
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Data Highlights
WTI crude oil futures price
9/1/2016: $43.16/barrels
down$4.17 from week earlier
down$3.09 from year earlier
Natural gas futures price
9/1/2016: $2.792/MMBtu
down$0.054 from week earlier
up$0.144 from year earlier
Weekly coal production
8/27/2016: 16.276 million tons
up0.325 million tons from week earlier
down2.812 million tons from year earlier
Natural gas inventories
8/26/2016: 3,401 Bcf
up51 Bcf from week earlier
up238 Bcf from year earlier
Crude oil inventories
8/26/2016: 525.9 million barrels
up2.3 million barrels from week earlier
up70.4 million barrels from year earlier
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