U.S. exports of refined petroleum products carried on clean product tankers have increased steadily over the last year, with exports totaling 6.3 million barrels per day (b/d) in January 2026, about 10% more than in January 2025 and near record highs, according to data from Vortexa. Growth in exports of diesel, gasoline, and liquified petroleum gases (LPG) drove the overall increase. Exports of diesel both increased and shifted destinations, with more headed to Europe and less headed to South America, which has historically been the largest destination for U.S. distillate exports.
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02-17-2026
We forecast that U.S. natural gas marketed production will increase by 2% to average 120.8 billion cubic feet per day (Bcf/d) in 2026 and then further increase to a record-high 122.3 Bcf/d in 2027 in our latest Short-Term Energy Outlook (STEO). Around 69% of forecast production over the next two years comes from the Appalachia, Haynesville, and Permian regions.
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02-13-2026
State taxes and fees on motor gasoline as of January 1, 2026, ranged from a high of 70.9 cents per gallon (c/gal) in California to a low of 9.0 c/gal in Alaska. State gasoline taxes averaged 33.5 c/gal across states, a slight increase from their average last year.
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02-12-2026
We forecast that production of petroleum and other liquids will continue to exceed global demand, which results in Brent crude oil prices falling from an average of $69 per barrel (b) in 2025 to $58/b in 2026 and $53/b in 2027. Crude oil prices tend to decrease as global petroleum stocks increase. Persistently high implied global oil inventory builds in the near-term are putting downward pressure on crude oil prices despite heightened uncertainty around the volume of crude oil exports from Russia and Venezuela.
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02-11-2026
About 22% of light-duty vehicles sold in 2025 in the United States were hybrid, battery electric, or plug-in hybrid vehicles, up from 20% in 2024. Among those categories, hybrid electric vehicles have continued to gain market share while battery electric vehicles and plug-in hybrid vehicles decreased, according to estimates from Omdia. In the second half of 2025, battery electric vehicle sales increased before sharply declining in response to the expiration of tax credits at the end of September.
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02-09-2026
