Retail gasoline prices in the U.S. are expected to drop in 2027, according to the U.S. Energy Information Administration’s (EIA) Short-Term Energy Outlook released on Sept. 9.
The EIA, a federal statistical agency inside the Department of Energy, predicted the national price for a regular gallon of gasoline will average around $3.35 by 2027, down from $3.84, the average cost so far in 2026. In 2025, a gallon of gasoline cost $3.10.
It’s also higher than the $2.98 average in February when the Iranian war started, according to the American Automobile Association (AAA).
As of Sept. 9, the national average price for a regular gallon of gas was $4.22, while diesel hit a record high of $5.94, according to AAA data….