Prices at the Pump this Summer Expected to Stay Around $3 a Gallon
WASHINGTON, D.C. --- The Energy Department said this week it expects gasoline prices to stay in the vicinity of $3 per gallon for much of the rest of the summer.
WASHINGTON, D.C. --- The Energy Department said this week it expects gasoline prices to stay in the vicinity of $3 per gallon for much of the rest of the summer. Any major price declines are unlikely to occur before September (after the Labor Day holiday) when demand typically drops sharply, according to the department’s Energy Information Administration (EIA). The EIA noted that it’s uncertain whether prices during one or more of the remaining weeks of summer will exceed the previous record level of $3.07 per gallon, set on September 5, 2005. In its weekly report, the EIA stated:“Both August and September can be problematic when trying to forecast gasoline prices, as in August, the chance of severe thunderstorms affecting power to refineries rises, which can lead to less gasoline production than might otherwise occur. For both August and September, an increased likelihood of hurricanes, particularly this season, is another major uncertainty that can dramatically affect gasoline prices, especially if the hurricanes are powerful and hit the major oil producing and refining centers along the Gulf Coast, as Hurricanes Katrina and Rita did last fall.” But if there aren’t any major shutdowns as a result of hurricanes, severe storms, or other factors, U.S. gasoline consumers in many parts of the country could see pump prices dip significantly below $3 per gallon in September, the EIA concluded.
More Fuel

October Fuel Trends Show Diverging Gasoline and Diesel Prices
Get the latest fuel trends from October.
Read More →
Fuel Prices Surge in September | September Fuel Update
September brought major fuel price swings, including diesel crossing $6 a gallon. Here’s how gas and diesel prices changed throughout the month, and where they stood heading into October.
Read More →Turning Fleet Payment Data into Executive Insights
Ramel Lindsay of U.S. Bank Voyager discusses how fleets can transform payment and transaction data into actionable intelligence to reduce costs, improve oversight, and support executive decision-making.
Read More →
Why the IRS Raised Its Mileage Rate in the Middle of 2026
Fuel-price volatility drove the rare increase to 76 cents per mile, the fifth midyear adjustment since 2000.
Read More →
July Fuel Update: Prices Keep Rising in Light of More Conflict
Gas prices continue to rise as more and more conflicts do, too.
Read More →
Bob Adamsky on Fuel Volatility: "Don't Panic, Have a Plan."
When it comes to up and down fuel prices, Adamsky has a message for fleets: “Don’t panic.”
Read More →How Fleets Can Gain Control of Non-Fuel Spend
Fuel often gets the spotlight, but non-fuel expenses can have a major impact on fleet costs. Ramel Lindsay of U.S. Bank Voyager discusses how fleets can gain better visibility and control over these often-overlooked expenditures.
Read More →
Fuel is Just the Start: How Middle East Tensions are Driving Up Fleet Maintenance Costs
The Middle East conflict is doing more than pushing up fuel prices. It’s also raising the cost of key maintenance products your fleet depends on, from motor oil to tires to windshield wipers. Here’s what you need to know about this budget-busting situation.
Read More →
June Fuel Update: Prices Fall Below $4
Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
Read More →
Study: How 2026's Gas Price Hikes Affect Different Vehicle Types
New data from iSeeCars reveals how rising fuel costs have affected different vehicle segments as gasoline prices climbed nearly 46% over the past four months.
Read More →