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Current Issues & Trends

Recent Data

Price summary (historical and forecast)
  2019 2020 2021 2022
WTI Crude Oila
dollars per barrel
56.99 39.17 61.85 56.74
Brent Crude Oil
dollars per barrel
64.34 41.69 65.19 60.49
Gasolineb
dollars per gallon
2.60 2.18 2.77 2.59
Dieselc
dollars per gallon
3.06 2.55 3.07 2.94
Heating Oild
dollars per gallon
3.00 2.44 2.93 2.93
Natural Gasd
dollars per thousand cubic feet
10.46 10.83 11.01 10.88
Electricityd
cents per kilowatthour
13.01 13.20 13.50 13.68
aWest Texas Intermediate.
bAverage regular pump price.
Note: Italics indicate forecast.
Source: Short-Term Energy Outlook
cOn-highway retail.
dU.S. Residential average.

Analysis & Projections

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