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EIA raises 2027 US gas price forecast to $3.73/gal amid supply constraints, despite slight drop from 2026 levels.

Market News
11 Nov 2026, 21:37 WIB
Fox Business
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Neutral
EIA raises 2027 US gas price forecast to $3.73/gal amid supply constraints, despite slight drop from 2026 levels.

The U.S. Energy Information Administration (EIA) updated its forecast, projecting retail gasoline prices to average $3.73 per gallon in 2027, a 5% increase from last month's estimate but still lower than 2026's $3.89 per gallon. Diesel prices are also expected to remain elevated at $5.03 per gallon in 2027, down from 2026 but higher than prior forecasts. Supply constraints due to global market issues, including attacks on oil tankers and shipping challenges, are expected to persist through 2027, keeping crude oil prices near $100 per barrel in 2026 before gradually falling to $77 by late 2027. Despite these pressures, gas prices recently dipped below $4 per gallon, offering some relief to consumers.

Gas prices estimate changes provide context for energy market trends. For readers following energy stocks, here is Pluang's market snapshot as of Nov 12, 2026 02:11 WIB: 71 of 79 priced US energy stocks rose today. Notable movers include DK at USD 65.76 (+4.98%), PBF at USD 69.10 (+4.84%), and KGS at USD 44.25 (+4.71%).

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