The U.S. average retail price for regular gasoline fell to $2.54 a gallon on Monday. That's down 3.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $3.04 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.

The average retail price for propane is $2.01 per gallon, down 4-tenths of a penny from last week's price, and down 42.1 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 $1.63 per gallon, down 7-tenths of a cent from last week, and down 18.4 cents from a year ago.

The average retail price for home heating oil fell 3 cents from last week to $3.07 per gallon. That's down 10 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 $2.99 per gallon, down 2.3 cents from last week, and down 15 cents from a year ago.

The U.S. average retail price for regular gasoline fell to $2.51 a gallon on Monday. That's down 3.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for regular gasoline fell to $2.51 a gallon on Monday. That's down 3.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $3.01 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.

The average retail price for propane is $2.00 per gallon, down 8-tenths of a cent from last week's price, and down 43.2 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 $1.62 per gallon, down 1.1 cents from last week, and down 19.9 cents from a year ago.

The average retail price for home heating oil fell 6.8 cents from last week to $3.01 per gallon. That's down 16.4 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 $2.92 per gallon, down 6.8 cents from last week, and down 22.7 cents from a year ago.

The U.S. average retail price for regular gasoline fell to $2.46 a gallon on Monday. That's down 5.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for regular gasoline fell to $2.46 a gallon on Monday. That's down 5.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $2.96 a gallon on Monday. That's down 5.4 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The average retail price for propane is $1.99 per gallon, down 7-tenths of a cent from last week's price, and down 44.8 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 $1.61 per gallon, down 9-tenths of a cent from last week, and down 20.9 cents from a year ago.

The average retail price for home heating oil fell 5.2 cents from last week to $2.94 per gallon. That's down 23.8 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 $2.85 per gallon, down 5.5 cents from last week, and down 30 cents from a year ago.

The U.S. average retail price for regular gasoline fell to $2.42 a gallon on Monday. That's down 3.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for regular gasoline fell to $2.42 a gallon on Monday. That's down 3.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $2.91 a gallon on Monday. That's down 4.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

Henry Hub natural gas spot prices averaged $2.02 per million British thermal units in January according to the U.S. Energy Information Administration. Typically, January natural gas prices are among the highest of the year; however, warmer-than-normal January temperatures across much of the northern hemisphere contributed to the lowest average January spot price in many years. After beginning 2018 and 2019 with low U.S. working natural gas inventories, EIA forecasted that normal winter temperatures in the first quarter of 2020, along with production growth, would bring total inventories back over the five-year average this winter. So far this winter, temperatures have actually been warmer than normal, and EIA estimates that in January there were 18% fewer heating degree days in the United States than the prior ten-year average. As a result of reduced space heating demand, U.S. natural gas working inventories ended January 9% above the five-year average, higher than previously forecasted. In its February Short-Term Energy Outlook, EIA forecasts that at the close of the April-October injection season, working inventories will reach almost 4.1 trillion cubic feet on October 31, which would be the highest end-of-October inventory record on level. Expecting inventories to remain elevated as winter heating season winds down, EIA forecasts that Henry Hub natural gas prices will average $2.21 per million British thermal units in 2020, down from $2.57 per million British thermal units in 2019. In 2021, EIA expects natural gas prices to increase, reaching an average annual price of $2.53 per million British thermal units.

The average retail price for propane is $1.99 per gallon, down 3-tenths of a cent from last week's price, and down 44.6 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 $1.61 per gallon, down 4-tenths of a cent from last week, and down 20.9 cents from a year ago.

The average retail price for home heating oil fell 2.2 cents from last week to $2.91 per gallon. That's down 26.9 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 $2.83 per gallon, down 2.1 cents from last week, and down 31.7 cents from a year ago.

The U.S. average retail price for regular gasoline rose to $2.43 a gallon on Monday. That's up 9 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for regular gasoline rose to $2.43 a gallon on Monday. That's up 9 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $2.89 a gallon on Monday. That's down 2 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The average retail price for propane is $1.98 per gallon, down 4-tenths of a cent from last week's price, and down 44.7 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 $1.61 per gallon, down half of a penny from last week, and down 21.2 cents from a year ago.

The average retail price for home heating oil rose by half of a penny from last week to $2.91 per gallon. That's down 31.1 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 $2.83 per gallon, down half of a penny from last week, and down 34.8 cents from a year ago.

The U.S. average retail price for regular gasoline rose to $2.47 a gallon on Monday. That's up 3.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for regular gasoline rose to $2.47 a gallon on Monday. That's up 3.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $2.88 a gallon on Monday. That's down 8 tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The average retail price for propane is $1.98 per gallon, down 4-tenths of a cent from last week's price, and down 45.3 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 $1.60 per gallon, down half of a cent from last week, and down 22.1 cents from a year ago.

The average retail price for home heating oil fell by 3-tenths of a cent from last week to $2.90 per gallon. That's down 33.4 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 $2.81 per gallon, down 1.2 cents from last week, and down 37.1 cents from a year ago.

The U.S. average retail price for regular gasoline fell to $2.42 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.

The U.S. average retail price for regular gasoline fell to $2.42 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.

The U.S. average retail price for on-highway diesel fuel fell to $2.85 a gallon on Monday. That's down 3.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The average retail price for propane is $1.97 per gallon, down 1.1 cents from last week's price, and down 45.3 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 $1.59 per gallon, down 1.6 cents from last week, and down 22.3 cents from a year ago.

The average retail price for home heating oil fell by 6.8 cents from last week to $2.82 per gallon. That's down 40.6 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 $2.73 per gallon, down 7.4 cents from last week, and down 44.9 cents from a year ago.

The U.S. average retail price for regular gasoline fell to $2.38 a gallon on Monday. That's down 4.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for regular gasoline fell to $2.38 a gallon on Monday. That's down 4.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $2.81 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.

In its March 2020 update, the U.S. Energy Information Administration (EIA) significantly revised its Short-Term Energy Outlook for global oil supply, demand, and prices compared with the February Short-Term Energy Outlook. These updates largely resulted from updated data and assumptions about the effects of the 2019 novel coronavirus disease (COVID-19) on global oil demand and assumptions regarding the Organization of the Petroleum Exporting Countries (OPEC) crude oil production following its meeting on March 6. EIA now forecasts that OPEC will target market share instead of a balanced global oil market. As a result, EIA expects that OPEC crude oil production will increase to an average 29.1 million barrels per day in the second and third quarters of 2020. EIA forecasts that global demand for liquid fuels will grow by 0.4 million barrels per day from 2019 to 2020, down from the 1.0 million barrels per day increase EIA previously forecasted in February. The revised March estimate is driven by EIA's expectations of slowing economic growth, primarily related to the effects of the coronavirus outbreak. EIA expects the decline in global liquid fuels demand, combined with the increase in OPEC production, to result in significant global oil inventory builds in the first half of 2020-putting continued downward pressure on prices. EIA forecasts Brent oil prices will average 43 dollars per barrel in 2020 and 55 dollars per barrel in 2021.

The average retail price for propane is $1.96 per gallon, down half a cent from last week's price, and down 45.3 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 $1.57 per gallon, down 1.8 cents from last week, and down 23.6 cents from a year ago.

The average retail price for home heating oil fell by 6.6 cents from last week to $2.76 per gallon. That's down 47.4 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 $2.67 per gallon, down 7.3 cents from last week, and down 52 cents from a year ago.

The U.S. average retail price for regular gasoline fell to $2.25 a gallon on Monday. That's down 12.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for regular gasoline fell to $2.25 a gallon on Monday. That's down 12.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $2.73 a gallon on Monday. That's down 8.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The average retail price for propane is $1.94 per gallon, down 2.7 cents from last week's price, and down 47 and a half 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 $1.54 per gallon, down 3.3 cents from last week, and down 26.2 cents from a year ago.

The average retail price for home heating oil fell by 14.1 cents from last week to $2.61 per gallon. That's down 60.9 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 $2.51 per gallon, down 15.1 cents from last week, and down 66.5 cents from a year ago.

The U.S. average retail price for regular gasoline fell to $2.12 a gallon on Monday. That's down 12.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for regular gasoline fell to $2.12 a gallon on Monday. That's down 12.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The U.S. average retail price for on-highway diesel fuel fell to $2.66 a gallon on Monday. That's down 7.4 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.

The average retail price for propane is $1.91 per gallon, down 1.8 cents from last week’s price, and down 48.6 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 $1.51 per gallon, down 3.1 cents from last week, and down 27.4 cents from a year ago.