U.S. Energy Information Administration logo
Skip to sub-navigation

Press Room

2021 Congressional Testimony

EIA's view on Domestic and International Energy Price Trends pdf
Subject:EIA, forecasts, energy markets
Presented by:Stephen Nalley, Deputy Administrator
Presented to: U.S. Senate Committee on Energy and Natural Resources
Washington, DC—November 16, 2021

Media Contacts

Today In Energy article

Average U.S. gasoline prices are higher this Thanksgiving than any since 2012

weekly U.S. average regular gasoline retail prices
Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update

The average price that consumers paid at the pump for U.S. regular gasoline on the Monday before Thanksgiving this year was $3.40 per gallon (gal). This price is $1.29/gal (62%) higher than last year and is the highest pre-Thanksgiving price since 2012 (in nominal terms), according to our latest Gasoline and Diesel Fuel Update. U.S. gasoline prices are 82 cents/gal (32%) higher than at the same time in 2019, before the COVID-19 pandemic. October 2021 had the largest recorded year-over-year increase in gasoline prices, at $1.13/gal, since we began collecting gasoline prices in 1990.

See More ›


Resources

Stay Connected

Basics & Background