EIA Short-Term Energy Outlook
Extracted from https://www.eia.gov/outlooks/steo/
U.S. Energy Information AdministrationOpen source document ↗
Published2026-08-11
Extracted figures11
Source classInstitution forecast
Update cadenceMonthly
Available formatHTML
| Metric | Period | Reported | Forecast |
|---|---|---|---|
| Real GDP growth | 2026 full year“| U.S. GDP <br>(percentage change) | 2.8 | 2.1 | 2.0 | 2.4 |” — Overview table, 2026projected column · source ↗ | 2026-08-11 | 2.0 |
| Real GDP growth | 2027 full year“| U.S. GDP <br>(percentage change) | 2.8 | 2.1 | 2.0 | 2.4 |” — Overview table, 2027projected column · source ↗ | 2026-08-11 | 2.4 |
| Brent crude oil | 2026 Q3“We now forecast the Brent crude oil spot price to average around $85 per barrel (b) in the third quarter of 2026 (3Q26).” — Forecast overview, Global oil prices · source ↗ | 2026-08-11 | around $85 per barrel (b) |
| Brent crude oil | 2026 Q3“We now forecast the Brent crude oil spot price to average around $85 per barrel (b) in the third quarter of 2026 (3Q26).” — Forecast overview, Global oil prices · source ↗ | 2026-08-11 | $85 per barrel (b) |
| Brent crude oil | 2026 full year“| Brent crude oil <br>(dollars per barrel) | 81 | 69 | 87 | 69 |” — Overview table, 2026projected column · source ↗ | 2026-08-11 | 87 |
| Brent crude oil | 2027 full year“As inventories rebuild, with most production expected to recover by early 2027, we expect the Brent spot price to gradually fall to an average of $69/b in 2027.” — Forecast overview, Global oil prices · source ↗ | 2026-08-11 | $69/b |
| Retail gasoline | 2026 full year“| Gasoline retail price <br>(dollars per gallon) | 3.31 | 3.10 | 3.78 | 3.29 |” — Overview table, 2026projected column · source ↗ | 2026-08-11 | 3.78 |
| Retail gasoline | 2027 full year“| Gasoline retail price <br>(dollars per gallon) | 3.31 | 3.10 | 3.78 | 3.29 |” — Overview table, 2027projected column · source ↗ | 2026-08-11 | 3.29 |
| Natural gas | 2026 Q3“The Henry Hub spot price is forecast to average $2.87 per million British thermal units (MMBtu) in 3Q26, down 50 cents/MMBtu compared with the July STEO.” — Forecast overview, Natural gas prices · source ↗ | 2026-08-11 | $2.87 per million British thermal units (MMBtu) |
| Natural gas | 2026 full year“| Natural gas spot price <br>(dollars per million BTU) | 2.19 | 3.53 | 3.44 | 3.31 |” — Overview table, 2026projected column · source ↗ | 2026-08-11 | 3.44 |
| Natural gas | 2027 full year“| Natural gas spot price <br>(dollars per million BTU) | 2.19 | 3.53 | 3.44 | 3.31 |” — Overview table, 2027projected column · source ↗ | 2026-08-11 | 3.31 |