Energy Department increases diesel price forecast for 2027 by 33 cents
Axios · September 9, 2026Original source ↗
What happened
The Energy Department's statistics arm revised its forecast for U.S. diesel prices in 2027, increasing the expected average to $4.40 per gallon. This change is attributed to low domestic inventories and tight global supplies, which are expected to impact fuel costs in the coming years.
Why it matters
The revised outlook indicates that consumers may face higher fuel costs for an extended period.
How this story affects people
How does this story affect you if you drive a diesel vehicle?
You will likely face higher fuel costs as diesel prices are expected to rise to $4.40 per gallon. This increase can significantly impact your monthly expenses for commuting or transporting goods.
How does this story affect you if you operate a business that relies on diesel fuel?
Your operating costs may increase due to the anticipated rise in diesel prices. This could affect your pricing strategies and profit margins, especially if you are in logistics or transportation.
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