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Residential heating oil price decreases

The average retail price for home heating oil on August 12 was $3.59 per gallon. That's down 12.1 cents from our last published price on July 8, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region were $3.52 per gallon, down 13.8 cents from July 8. Heating oil prices will be published monthly from April to September.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.31 a gallon on Monday. That's down 6.9 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.31 a gallon on Monday. That's down 6.9 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price decreases

The U.S. average retail price for on-highway diesel fuel decreased to $3.65 a gallon on Monday. That's down 3.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.29 a gallon on Monday. That's down 2.4 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.29 a gallon on Monday. That's down 2.4 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price decreases

The U.S. average retail price for on-highway diesel fuel decreased to $3.63 a gallon on Monday. That's down 2.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.24 a gallon on Monday. That's down 5.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.24 a gallon on Monday. That's down 5.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price decreases

The U.S. average retail price for on-highway diesel fuel decreased to $3.56 a gallon on Monday. That's down 7.0 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.18 a gallon on Monday. That's down 5.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.18 a gallon on Monday. That's down 5.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price decreases

The U.S. average retail price for on-highway diesel fuel decreased to $3.53 a gallon on Monday. That's down 2.9 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price decreases slightly

The average retail price for propane on September 9 was $2.37 per gallon. That's down 0.2 cents from the last published price on August 12, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region were $1.86 per gallon, up 0.3 cents from August 12. Propane prices will be published monthly from April to September.




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Residential heating oil price decreases

The average retail price for home heating oil on September 9 was $3.46 per gallon. That's down 13.3 cents from our last published price on August 12, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region were $3.41 per gallon, down 10.5 cents from August 12. Heating oil prices will be published monthly from April to September.




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U.S. gasoline price increases (Short version)

The U.S. average retail price for regular gasoline increased to $3.19 a gallon on Monday. That's up 0.5 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price increases (Long version)

The U.S. average retail price for regular gasoline increased to $3.19 a gallon on Monday. That's up 0.5 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. .




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U.S. diesel fuel price increases

The U.S. average retail price for on-highway diesel fuel increased to $3.54 a gallon on Monday. That's up 1.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.18 a gallon on Monday. That's down 0.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.18 a gallon on Monday. That's down 0.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price increases

The U.S. average retail price for on-highway diesel fuel increased to $3.54 a gallon on Monday. That's up 0.5 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.14 a gallon on Monday. That's down 4.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.14 a gallon on Monday. That's down 4.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price increases

The U.S. average retail price for on-highway diesel fuel increased to $3.58 a gallon on Monday. That's up 4.0 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price increases

The average retail price for propane is $2.41 per gallon, up 3.8 cents from last week's price, and up 1.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.91 per gallon, up 5.1 cents from last week, and up 1.5 cents from a year ago. Starting this week, propane prices will be published weekly through March.




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Residential heating oil price increases

The average retail price for home heating oil rose 2 cents from last month to $3.48 per gallon. That's down 84.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.44 per gallon, up 3 cents from last month, but down 71.5 cents from a year ago. Starting this week, heating oil prices will be published weekly through March.




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U.S. gasoline price increases (Short version)

The U.S. average retail price for regular gasoline increased to $3.17 a gallon on Monday. That's up 3.5 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price increases (Long version)

The U.S. average retail price for regular gasoline increased to $3.17 a gallon on Monday. That's up 3.5 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price increases

The U.S. average retail price for on-highway diesel fuel increased to $3.63 a gallon on Monday. That's up 4.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price increases

The average retail price for propane is $2.42 per gallon, up 1.4 cents from last week's price, and up 2.8 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.92 per gallon, up 1.8 cents from last week, and up 1.4 cents from a year ago.




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Residential heating oil price increases

The average retail price for home heating oil rose 2.3 cents from last week to $3.51 per gallon. That's down 76.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.46 per gallon, up 1.2 cents from last week, but down 76.5 cents from a year ago.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.14 a gallon on Monday. That's down 2.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.14 a gallon on Monday. That's down 2.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price decreases

The U.S. average retail price for on-highway diesel fuel decreased to $3.55 a gallon on Monday. That's down 7.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price increases slightly

The average retail price for propane is $2.42 per gallon, up 4-tenths of a cent from last week's price, and up 3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.93 per gallon, up 1-tenth of a cent from last week, and up 6-tenths of a cent from a year ago.




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Residential heating oil price decreases

The average retail price for home heating oil fell 4.7 cents from last week to $3.48 per gallon. That's down 81.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.43 per gallon, down 4.7 cents from last week, and down 79.9 cents from a year ago.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.10 a gallon on Monday. That's down 4.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.10 a gallon on Monday. That's down 4.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price increases

The U.S. average retail price for on-highway diesel fuel increased to $3.57 a gallon on Monday. That's up 2.0 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price increases slightly

The average retail price for propane is $2.43 per gallon, up 6-tenths of a cent from last week's price, and up 2.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.93 per gallon, up 4-tenths of a cent from last week, and up 1-tenth of a cent from a year ago.




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Residential heating oil price increases slightly

The average retail price for home heating oil rose 6-tenths of a cent from last week to $3.49 per gallon. That's down 76.2 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.44 per gallon, unchanged from last week, but down 73 cents from a year ago.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.07 a gallon on Monday. That's down 2.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.07 a gallon on Monday. That's down 2.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price decreases

The U.S. average retail price for on-highway diesel fuel decreased to $3.54 a gallon on Monday. That's down 3.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price increases slightly

The average retail price for propane is $2.43 per gallon, up 2.7 cents from last week's price, and up 4.8 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.96 per gallon, up 2 cents from last week, and up 1.8 cents from a year ago.




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Residential heating oil price increases slightly

The average retail price for home heating oil rose 4-tenths of a cent from last week to $3.49 per gallon. That's down 74 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.44 per gallon, up 1.3 cents from last week, but down 70.6 cents from a year ago.




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EIA's view on Domestic and International Energy Price Trends




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EIA expects low natural gas prices to continue in 2024, slightly reducing production compared with 2023

The U.S. Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about $2.25 per million British thermal units (MMBtu) in 2024, a 10% decrease from 2023 and a 65% decrease from 2022. In its March Short-Term Energy Outlook (STEO), EIA forecasts that U.S. natural gas inventories will be more than 30% higher than average at the end of the winter season following relatively low winter demand.




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EIA expects rising electricity demand and natural gas prices to affect electricity fuel mix for the rest of 2024

The U.S. Energy Information Administration (EIA) expects that the United States will generate more electricity from renewables and coal in the second half of this year, as electricity demand and natural gas prices increase.




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EIA expects mixed bag for energy prices in 2024

The U.S. Energy Information Administration (EIA) expects that U.S. residential electricity prices will increase by about 1% in 2024, the slowest rate of year-over-year growth since 2020. Natural gas prices have been falling since late 2023, and those lower prices are now being factored into retail electricity rates. Natural gas provides the largest share of U.S. electricity generation.