On the Monday before Thanksgiving, the U.S. retail price for regular-grade gasoline averaged $3.06 per gallon (gal), just 2 cents/gal higher than the same time last year. After adjusting for inflation, however, this year marks the lowest average gasoline price for the Monday before the Thanksgiving holiday weekend since 2020, when the pandemic disrupted gasoline demand and travel plans.
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11-26-2025
Although natural gas generation still provides more electricity than any other source in California, electricity generation from natural gas has decreased over the past several years while generation from solar has increased.
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11-24-2025
U.S. production of associated dissolved natural gas, also known as associated natural gas, increased by 6% last year, mirroring the growth in crude oil production from the Permian region. Associated natural gas production averaged 18.5 billion cubic feet per day (Bcf/d) in 2024, according to data from Enverus DrillingInfo.
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11-21-2025
In our latest Short-Term Energy Outlook, we forecast crude oil produced from Alaska will reach 477,000 barrels per day (b/d) in 2026, the most since 2018.
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11-19-2025
The average number of active rigs per month that are drilling for oil and natural gas in the U.S. Lower 48 states has declined steadily over the past few years from a recent peak of 750 rigs in December 2022 to 517 rigs this October. The declining rig count reflects operators' responses to declining crude oil and natural gas prices and improvements in drilling efficiencies.
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11-17-2025
