US average gasoline prices this Thanksgiving similar to last
On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.
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The US is on track to export a record amount of fuel ethanol for the second year in a row in 2025, driven by growing international demand, the EIA has reported.
LNG exporters in the US have announced plans to more than double US liquefaction capacity, adding an estimated 13.9 billion ft3/d between 2025 and 2029, according to the EIA.
US ethane exports are poised for significant growth through 2026, driven by robust global demand for ethane as a petrochemical feedstock, substantial US export capacity expansions, and larger vessels to carry ethane exports, the EIA has reported.
The US EIA estimates crude oil inventories in China increased by about 900 000 bpd between January and August 2025, essentially acting as a source of demand by removing barrels from the global markets.
The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million bpd in both 2025 and 2026, both slightly higher than the agency’s September forecast.
For the week ending 26 September 2025, US propane inventory was 103 million bbl, about 13 million bbl more than the previous five-year average for this time of year, the EIA has reported.
Crude oil prices were relatively stable in the 3Q25, ending the quarter just US$0.09/bbl less than they started, while refinery margins increased to their highest levels so far in 2025, the EIA has reported.
The value of all energy trade between the US and Mexico was estimated to be US$57 billion in 2024, down from nearly US$72 billion in 2023, according to data from the US Census Bureau, the US EIA has reported.
The US Energy Information Administration (EIA) expects U.S. drivers will spend less than 2% of their personal disposable incomes on gasoline in 2025 – the lowest share since 2005, excluding 2020.
