Patrick De Haan
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Patrick De Haan
@gasbuddyguy.bsky.social
📊 Head of Petroleum Analysis @ GasBuddy
📺 CNBC • CNN • Fox News
🏛️ Cited by multiple White House administrations
💯 Mythbuster. Data over politics.
COMING SOON- GasBuddy's 2026 Fuel Price Outlook
If you want first and exclusive access, subscribe to my X account today- or if you want to receive it when it goes live- get updates from my Substack: gaspriceguy.substack.com
January 3, 2026 at 6:17 PM
Bottom line, on VZ, strictly from an oil lens: not expecting a major impact to oil prices rn- this doesn't change much in the short term as VZ's output has been hamstrung for years...
January 3, 2026 at 6:08 PM
While many are reporting Venezuela's oil infrastructure was unharmed by U.S. military actions, it has been decaying for many many years and will take time to rebuild. www.bakerinstitute.org/research/col...
The Collapse of the Venezuelan Oil Industry: The Role of Above-Ground Risks Limiting FDI | Baker Institute
Venezuela, which has one of the largest hydrocarbon endowments in the world, offers a striking case study on the resource curse, write Francisco Monaldi, Igor Hernández and José La Rosa. This working ...
www.bakerinstitute.org
January 3, 2026 at 3:16 PM
For U.S. refiners, an accelerated increase in Venezuela's oil output would likely soften distillate/jet fuel cracks first, especially in the GC and Atlantic basin
January 3, 2026 at 3:14 PM
Venezuela: Short term (months), uncertainty over future leadership. Oil infrastructure has been decimated and output changes will be limited for now. Not expecting massive shift in short term output. Long term (yrs) up in air but could see large improvement in VZ oil output.
January 3, 2026 at 2:32 PM
Today, Americans today will collectively spend about $100 million dollars less on gasoline than they did a year ago, with the daily fuel bill at approx $962.5 million.
January 2, 2026 at 3:11 PM
Wishing you all a very Happy New Year! Beautiful evening (albeit chilly) in downtown Chicago last night. (pic via Barry Butler)
January 1, 2026 at 5:25 PM
huge builds for the last week of 2025- mogas up a whopping 5.8 million barrels, while disty surges 5.0 million barrels. Refiners cranking output at 94.7% utilization!
December 31, 2025 at 3:33 PM
EIA, week ending 12/26
Crude oil: -1.9M
Domestic prod: 13.827MMbpd
Cushing: +0.5M
Gasoline: +5.8M
Mogas supplied: 8.563MMbpd
Distillates: +5.0M
Refiner utilz: 94.7%
Ref inputs: 17.198MMbpd
Total exports: 10.112MMbpd
#oil #eia #gas
December 31, 2025 at 3:32 PM
At midnight, these states will be re-indexing (LOWERING) their gasoline tax:
IL -1.6c/gal
NY -0.7c/gal
December 31, 2025 at 2:16 PM
At midnight, these states will be raising their gasoline tax:
NJ +4.2c/gal
FL +0.5c/gal
MI +4.5c/gal (dropping sales tax of 6% or 16.4c/gal, raising gas tax 21c/gal)
December 31, 2025 at 2:15 PM
2025 Gas Prices: A Year in Review: According to GasBuddy analysis of national average gasoline prices, 2025 delivered the smallest annual price swing since 2017 and the lowest volatility since 2005. www.gasbuddy.com/go/2025-gas-...
2025 Gas Prices: A Year in Review
If you felt like gas prices didn’t make many headlines in 2025, you weren’t imagining it. This year turned out to be one of the calmest and most stable
www.gasbuddy.com
December 31, 2025 at 2:08 PM
The world isn't as different as you think:
US motorist "president drives gas prices"
Canadian motorist "PM drives gas prices"
UK motorist "PM drives gas prices"
German motorist "Chancellor drives gas prices"
December 30, 2025 at 3:39 PM
269 days: the amount of time between 2025's highest daily average and its lowest, the 4th longest separation since 2005. (Behind 2010, 2021, 2009)
December 30, 2025 at 3:12 PM
In 2025, the annual low for gas prices came very late- it was the 4th latest annual low since 2005, and the latest since 2018.
December 30, 2025 at 3:10 PM
In 2025, gas prices peaked on April 3, the third earliest annual high since 2005 (only 2020- Covid and 2013 peaked earlier in the calendar year.
December 30, 2025 at 3:10 PM
BREAKING: GasBuddy data shows 2025 average gas prices were the most stable since 2005 (measured by std deviation of daily average).
December 30, 2025 at 3:09 PM
2025's spread in average gas prices was the smallest since 2017, when the spread was just 45.2c/gal, and it was the third lowest since 2005.
December 30, 2025 at 3:08 PM
2025 saw the lowest volatility (as measured between highest and lowest day) since 2017 with a difference of 50.2c/gal between high and low. The high was $3.26/gal on April 3, the low was $2.75/gal on December 28.
December 30, 2025 at 3:07 PM
2025 gas price recap coming up...
we'll start with the yearly national average: $3.10/gal, the lowest since 2020.
December 30, 2025 at 3:05 PM
ALERT: #GasPrices appear to be rising to $2.89/gal in #Florida today. This is a routine price cycle.
#Florida: gas prices appear likely to cycle (rise) sometime this week. A jump is likely as early as today, but by mid-week at latest. Prices tend to cycle every 1-2.5 weeks.
December 29, 2025 at 11:47 PM
EIA, week ending 12/19
Crude oil: +0.4M
Domestic prod: 13.825MMbpd
Cushing: +0.7M
Gasoline: +2.9M
Mogas supplied: 8.942MMbpd
Distillates: +0.2M
Refiner utilz: 94.6%
Ref inputs: 17.175MMbpd
Total exports: 11.384MMbpd
#oil #eia #gas
December 29, 2025 at 10:00 PM
States that are changing net gasoline taxes as the ball drops on NYE:
NJ +4.2c/gal
FL +0.5c/gal
MI +7c/gal (net)
IL -1.6c/gal
NY -0.7c/gal
December 29, 2025 at 4:27 PM
GasBuddy confirms the 2025 yearly national average price of gasoline will be $3.102/gal, approx 11 cents below what we expected from our 2025 Fuel Outlook in Dec. 2024. We anticipated Dec. 2025 to be the cheapest month, averaging $2.89 and it will close out averaging $2.875/gal.
December 29, 2025 at 2:44 PM