Inventory and Stockpiles
EIA data showed a minor build of 685k barrels in gasoline stocks, but the market viewed this as manageable. As refining utilization remains high (above 86%), the market is well-supplied heading into late Q1.
2026 Retail Outlook
The EIA projects retail gasoline prices will average $2.92 for the full year 2026. This lower energy cost environment is expected to support consumer discretionary spending throughout the summer months.