Explainers

Gas Price Explainers

Each explainer answers one question about gasoline prices, using the EIA figures on this site and citing named sources for the causes.

For the price you see today, start with why prices are rising in 2026, which ties the current national average to crude oil and refinery events this year. Why California’s gas is expensive covers the state’s taxes, fees, fuel rules and refinery supply, and why diesel costs more than gasoline covers distillate demand and diesel taxes.

Two explainers cover the mechanics behind price moves: the crack spread (the gap between crude oil and refined gasoline prices) and the switch between summer and winter gasoline blends each spring and fall. The last asks how much a president can affect gas prices, and compares the national average across presidential terms with what moved it.

From the data

How the explainers fit together

The explainers are shorter than the guides and each takes one question as its title. They fall into three groups. The first is about the price level right now: the 2026 piece ties this year’s movement to crude oil and refinery events.

The second group is about why one fuel or one place costs more than another. The California piece separates the state’s taxes, its own gasoline specification and its limited refinery supply. The diesel piece does the same for the gap between diesel and gasoline, which depends on demand for distillates and on higher diesel taxes.

The third group covers mechanisms. The crack spread is the margin between crude oil and refined gasoline, and it explains much of the price movement that crude alone does not. The summer and winter blend piece covers the switch in gasoline specifications each spring and fall. The piece on presidents compares the national average across terms and names the events that moved it.

For scale, the national annual average for regular was $3.95 in 2022, the highest of any year in nominal terms, and $3.10 in 2025. The presidents piece works from the same national series, so its term averages can be read against those two figures.

Figures in this section are computed from U.S. Energy Information Administration data in the US Gas Gauge database.