EIA expects U.S. drivers will spend the smallest share of their disposable income on gasoline since 2005
The U.S. Energy Information Administration (EIA) expects U.S. drivers will spend less than 2% of their personal disposable incomes on gasoline in 2025βthe lowest share since 2005, excluding 2020. In its September Short-Term Energy Outlook (STEO), EIA forecasts significant decreases in oil and gasoline prices this year, consistent with its previous forecasts.