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Recent Data

Price summary (historical and forecast)
	2024	2025	2026	2027
WTI Crude Oil^a dollars per barrel	76.60	65.40	88.21	79.74
Brent Crude Oil dollars per barrel	80.56	69.04	96.32	83.74
Gasoline^b dollars per gallon	3.31	3.10	3.91	3.56
Diesel^c dollars per gallon	3.76	3.66	5.19	4.49
Heating Oil^d dollars per gallon	3.60	3.62	5.10	4.44
Natural Gas^d dollars per thousand cubic feet	14.46	15.30	16.09	14.16
Electricity^d cents per kilowatthour	16.48	17.30	18.21	18.68
^aWest Texas Intermediate. ^bAverage regular pump price. Note: Italics indicate forecast. Data source: Short-Term Energy Outlook	^cOn-highway retail. ^dU.S. Residential average.

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Latest Projection Data Series
10/06/2026Monthly short-term forecasts to 2027
04/08/2026Annual projections to 2050
10/11/2023International projections to 2050

Analysis & Projections

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Short-Term Energy Outlook
Released October 06, 2026 | tags: CO2 OECD OPEC STEO WTI alternative fuels +coal consumption/demand crude oil distillate fuel electric generation electricity emissions environment exports/imports forecasts/projections gasoline heating oil hydroelectric inventories/stocks liquid fuels monthly most popular natural gas non-OPEC nuclear oil/petroleum petroleum products prices production/supply renewables spot prices total energy
Report Types: Analysis, Forecast

Annual Energy Outlook 2026
Released April 08, 2026 | tags: AEO NEMS all fuel sources alternative fuels annual buildings +coal commercial consumption/demand electric generation environment exports/imports forecasts/projections most popular natural gas nuclear oil/petroleum policy prices production/supply renewables residential resources total energy transportation
Report Types: Analysis, Forecast

AEO Table Browser
Released March 16, 2023 | tags: AEO NEMS all fuel sources alternative fuels annual buildings +coal commercial consumption/demand electric generation environment exports/imports forecasts/projections most popular natural gas nuclear oil/petroleum policy prices production/supply renewables residential resources total energy transportation
Report Types: Analysis, Forecast

Short-Term Energy Outlook
Released October 06, 2026 | tags: CO2 OECD OPEC STEO WTI alternative fuels +coal consumption/demand crude oil distillate fuel electric generation electricity emissions environment exports/imports forecasts/projections gasoline heating oil hydroelectric inventories/stocks liquid fuels monthly most popular natural gas non-OPEC nuclear oil/petroleum petroleum products prices production/supply renewables spot prices total energy
Report Types: Analysis, Forecast

Winter Fuels Outlook
Released October 06, 2026 | tags: HGL STEO alternative fuels annual distillate fuel electricity +exports/imports forecasts/projections heating oil most popular natural gas oil/petroleum prices propane residential sales weather wood
Report Type: Analysis

U.S. industrial natural gas consumption expected to hit records in 2026 and 2027
Released May 15, 2026 | tags: STEO consumption/demand forecasts/projections industrial natural gas
Report Type: Analysis

Electricity generation from solar could exceed coal in ERCOT for the first time in 2026
Released May 13, 2026 | tags: STEO coal electricity forecasts/projections generation solar
Report Type: Analysis

Increasing fuel efficiency leads to decreasing gasoline consumption
Released April 10, 2026 | tags: STEO consumption/demand forecasts/projections gasoline liquid fuels petroleum products
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