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In-brief analysis

December 5, 2025

On December 1, 2025, the U.S. average retail price of regular gasoline fell below $3.00 per gallon (gal) to $2.98/gal, according to data from our Gasoline and Diesel Fuel Update. When adjusted for inflation, the December 1 price is the lowest average U.S. gasoline price since February 2021. The falling price of crude oil, which typically accounts for about half of the retail gasoline price, has led to a drop in the price consumers pay for gasoline. Gasoline prices vary by region. On December 1, regular gasoline prices ranged between a low price of $2.55/gal on the U.S. Gulf Coast and a high price of $4.03/gal on the U.S. West Coast.

Principal contributor: Kimberly Peterson

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RSS feed source: US Energy Information Administration

In-brief analysis

December 3, 2025

Data source: Bloomberg L.P.
Note: Data through November 26, 2025. All crack spreads are calculated against the Dated Brent crude oil spot price.

Global refinery margins for diesel have widened since late October and increased to their highest level all year, following refinery outages in Russia and in the Middle East and new sanctions on Russia’s crude oil, leading to limited refinery production and a decreased global diesel supply. The impact was most pronounced in the Atlantic Basin, contributing to higher prices at the Amsterdam, Rotterdam, Antwerp (ARA) shipping hub, a key benchmark for European prices, as well as at New York Harbor and the U.S. Gulf Coast. The higher global prices also affected prices in the United States because U.S. refiners can sell into both domestic and international markets.

Crack

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In-brief analysis

In-depth analysis

In-brief analysis

Dec 1, 2025

U.S. electricity customers experienced an average of 11 hours of electricity interruptions in 2024, or nearly twice as many as the annual average experienced in the decade before, according to our Electric Power Annual 2024 report. Major events such as Hurricanes Beryl, Helene, and Milton accounted for 80% of the hours without electricity in 2024.

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In-brief analysis

Nov 26, 2025

Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update; U.S. Bureau of Labor Statistics (BLS)
Note: Weekly data reflect U.S. average regular gasoline retail price for all formulations; real price is calculated using Consumer Price Index from BLS.

On the Monday before

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RSS feed source: US Energy Information Administration

In-brief analysis

December 1, 2025

U.S. electricity customers experienced an average of 11 hours of electricity interruptions in 2024, or nearly twice as many as the annual average experienced in the decade before, according to our Electric Power Annual 2024 report. Major events such as Hurricanes Beryl, Helene, and Milton accounted for 80% of the hours without electricity in 2024.

Utilities categorize interruptions depending on if they are attributed to major events such as hurricanes or other storms, interference from vegetation near power lines, or atypical utility operations. When comparing outages across years, most of the differences in total time without service are attributed to major events.

Interruptions attributed to major events averaged nearly nine hours in 2024, compared with an average of nearly four hours per year in 2014 through 2023. Service interruptions that aren’t

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