Gas prices estimate rises for 2027, though consumers could still see relief from pain at the pump: EIA

The EIA raised its 2027 gas price forecast 5% from last month, citing global petroleum supply constraints and wider crack spreads through year's end.

TC Trade Conquest Newsroom November 11, 2026 ·1 min read

Key takeaways

EIA estimated in its November report that retail gasoline prices are expected to be $3.73 a gallon in 2027, which would be a decrease from $3.89 a gallon this year.
Gas prices fell further on Wednesday, with the latest figure showing the national average at $3.94 a gallon, down about 18 cents from a week ago and 41 cents from a month ago.

The EIA raised its 2027 gas price forecast 5% from last month, citing global petroleum supply constraints and wider crack spreads through year's end.

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