EIA News Updates

Government, Fuel

Diesel Drops 15.8¢ to Reach $4.596 a Gallon

The national average price for diesel fuel continued to tumble, falling 15.8 cents to settle at $4.596 a gallon, according to Energy Information Administration data released Dec. 19.

December 19, 2022
Government, Fuel

EIA Reports $5.675 National Diesel Price After Three-Week Delay

The U.S. Energy Information Administration on July 7 released fuel prices covering a three-week reporting delay, and the national average price for diesel fell 10.8 cents to $5.675 in its second straight decline.

July 7, 2022
Government, Business, Fuel

EIA Network Issues Delay Fuel Price Release

The U.S. Energy Information Administration has had to delay its reporting of fuel prices for the week of June 20.

June 23, 2022
Government, Business, Fuel

US Sees Record Oil Production Next Year Moving Even Higher

U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling.

February 8, 2022
Government, Business, Fuel

Tapping US Oil Reserve Would Have ‘Short-Lived’ Impact, EIA Says

Releasing oil from the U.S. government’s strategic reserve would have a “short-lived†impact on soaring fuel prices, according to the U.S. Energy Information Administration.

November 16, 2021
Government, Fuel

Diesel Rises 3.4¢ to $3.373 a Gallon

The national average price for diesel climbed 3.4 cents to $3.373 a gallon, according to Energy Information Administration data for the week ending Sept. 6.

September 7, 2021
Government, Fuel

Diesel Price Rises; Refinery Closures Cause Uncertainty After Ida

The national average price for a gallon of diesel rose 1.5 cents to $3.339, according to Energy Information Administration data released Aug. 30. But that did not include fuel price increases or consider the damage resulting from Hurricane Ida.

August 30, 2021
Business, Fuel

Oil Edges Up After US Crude Supplies Shrink Most This Year

Oil was propped up by the biggest decline in U.S. crude inventories this year, signaling a bright spot in a market weakened by COVID-19.

July 29, 2020
Government, Business, Fuel

US Energy Use Hit 30-Year Low in Pandemic Shutdowns

BILLINGS, Mont. — U.S. energy consumption plummeted to its lowest level in more than 30 years this spring as the nation’s economy largely shut down because of the coronavirus, federal officials reported July 29.

July 29, 2020
Business, Fuel

Oil’s Drop to Eight-Week Low Tempered by WHO Decision, Stock Draw

Though oil slid to an eight-week low, the drop was tempered by an unexpected decline in U.S. crude inventories and as the World Health Organization opted against declaring the virus a global health emergency.

January 24, 2020