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.
📺 CNBC • CNN • Fox News
🏛️ Cited by multiple White House administrations
💯 Mythbuster. Data over politics.
Hamm to Halt Drilling in Bakken Shale on Lower Crude Prices
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Harold Hamm to Halt Drilling in Bakken Shale on Lower Oil Prices
Harold Hamm, the billionaire wildcatter who helped kick off the US shale oil revolution, said he’s about to shut down his company’s drilling in North Dakota’s Bakken for the first time in decades beca...
www.bloomberg.com
January 16, 2026 at 7:07 PM
Hamm to Halt Drilling in Bakken Shale on Lower Crude Prices
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Incoming cold wave is boosting distillate prices as utilities in the Northeast warning of temporary disruptions- boosting heating oil consumption and supporting higher prices for now. This is a major reason why diesel/HO prices are higher in winter than summer.
January 16, 2026 at 5:23 PM
Incoming cold wave is boosting distillate prices as utilities in the Northeast warning of temporary disruptions- boosting heating oil consumption and supporting higher prices for now. This is a major reason why diesel/HO prices are higher in winter than summer.
i've been absent after Zeus, my German Shepherd, unexpectedly passed away during surgery. it's been a painful week battling memories and guilt, he was definitely my world and structure. how life can change in an instant. it'll be hard moving on without him. my heart is broken, love you, my boy.
January 16, 2026 at 3:41 PM
i've been absent after Zeus, my German Shepherd, unexpectedly passed away during surgery. it's been a painful week battling memories and guilt, he was definitely my world and structure. how life can change in an instant. it'll be hard moving on without him. my heart is broken, love you, my boy.
Earliest "starts" to the seasonal rise in average gas prices:
Jan. 1, 2006
Jan. 1, 2009
Jan. 5, 2005
Feb. 11, 2008
could this year be the first year since 2009 that we see the seasonal rise in prices start in January? little early yet, but maybe...
Jan. 1, 2006
Jan. 1, 2009
Jan. 5, 2005
Feb. 11, 2008
could this year be the first year since 2009 that we see the seasonal rise in prices start in January? little early yet, but maybe...
January 13, 2026 at 4:04 PM
Earliest "starts" to the seasonal rise in average gas prices:
Jan. 1, 2006
Jan. 1, 2009
Jan. 5, 2005
Feb. 11, 2008
could this year be the first year since 2009 that we see the seasonal rise in prices start in January? little early yet, but maybe...
Jan. 1, 2006
Jan. 1, 2009
Jan. 5, 2005
Feb. 11, 2008
could this year be the first year since 2009 that we see the seasonal rise in prices start in January? little early yet, but maybe...
January rally so far:
WTI crude oil +7.7%
Brent crude oil +8.3%
Gasoline +6.0%
WTI crude oil +7.7%
Brent crude oil +8.3%
Gasoline +6.0%
January 13, 2026 at 3:15 PM
January rally so far:
WTI crude oil +7.7%
Brent crude oil +8.3%
Gasoline +6.0%
WTI crude oil +7.7%
Brent crude oil +8.3%
Gasoline +6.0%
WTI crude oil back over $60- could this start the national average on its spring fling back to $3/gal? It’s a bit early but gas prices almost always rise starting in mid/late winter through late spring
January 13, 2026 at 1:29 PM
WTI crude oil back over $60- could this start the national average on its spring fling back to $3/gal? It’s a bit early but gas prices almost always rise starting in mid/late winter through late spring
Today's gas price hike in Michigan is pretty wild- cost from rack is ~$1.70/gal.
+18.4c/gal Fed tax
+52.4c/gal State tax
+10c/gal ~Transportation
+10c/gal Credit card fees
$2.608/gal total
$3.19/gal cost
~60c/gal margin
+18.4c/gal Fed tax
+52.4c/gal State tax
+10c/gal ~Transportation
+10c/gal Credit card fees
$2.608/gal total
$3.19/gal cost
~60c/gal margin
January 12, 2026 at 5:07 PM
Today's gas price hike in Michigan is pretty wild- cost from rack is ~$1.70/gal.
+18.4c/gal Fed tax
+52.4c/gal State tax
+10c/gal ~Transportation
+10c/gal Credit card fees
$2.608/gal total
$3.19/gal cost
~60c/gal margin
+18.4c/gal Fed tax
+52.4c/gal State tax
+10c/gal ~Transportation
+10c/gal Credit card fees
$2.608/gal total
$3.19/gal cost
~60c/gal margin
Michigan gas prices are jumping to their highest hike price since September today.
January 12, 2026 at 4:51 PM
Michigan gas prices are jumping to their highest hike price since September today.
ALERT: #GasPrices appear to be rising to $3.19/gal in #Michigan and to $2.99/gal in #Ohio today. This is a routine price cycle.
January 12, 2026 at 4:49 PM
ALERT: #GasPrices appear to be rising to $3.19/gal in #Michigan and to $2.99/gal in #Ohio today. This is a routine price cycle.
⚠️⛽ALERT: #GasPrices appear to be rising to $2.99/gal in #Indiana and to $2.89/gal in #Florida today. This is a routine price cycle.
January 12, 2026 at 4:38 PM
⚠️⛽ALERT: #GasPrices appear to be rising to $2.99/gal in #Indiana and to $2.89/gal in #Florida today. This is a routine price cycle.
Interesting situation developed late last week as stations in Denver started getting complaints about contaminated fuel (diesel in gas), which may have occurred at the terminal level. Have seen it at the station level where a trucker makes a mistake, but this seems more rare.
January 12, 2026 at 3:42 PM
Interesting situation developed late last week as stations in Denver started getting complaints about contaminated fuel (diesel in gas), which may have occurred at the terminal level. Have seen it at the station level where a trucker makes a mistake, but this seems more rare.
Average Gas Prices Fade for 7th Straight Week – But is the End in Sight? by @GasBuddyGuy open.substack.com/pub/gasprice...
Average Gas Prices Fade for 7th Straight Week – But is the End in Sight?
The nation’s average price of gasoline has fallen 0.8 cents over the last week and stands at $2.73 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports c...
open.substack.com
January 12, 2026 at 2:48 PM
Average Gas Prices Fade for 7th Straight Week – But is the End in Sight? by @GasBuddyGuy open.substack.com/pub/gasprice...
The national average price of gasoline has declined for 7 straight weeks, with GasBuddy data showing the national average at $2.73/gal, the lowest level since 2021.
January 12, 2026 at 2:22 PM
The national average price of gasoline has declined for 7 straight weeks, with GasBuddy data showing the national average at $2.73/gal, the lowest level since 2021.
Florida and Indiana- beware- you're likely to see gas prices jump/cycle this week, potentially earlier in the week vs later.
January 12, 2026 at 2:03 PM
Florida and Indiana- beware- you're likely to see gas prices jump/cycle this week, potentially earlier in the week vs later.
Trump on oil companies losses after Venezuela seized assets in 2007: “We’re not gonna look at what people lost in the past because that was their fault,” Trump said. And that’s *exactly* why oil companies aren’t going to Scrooge-McDuck back into Venezuela.
January 9, 2026 at 11:18 PM
Trump on oil companies losses after Venezuela seized assets in 2007: “We’re not gonna look at what people lost in the past because that was their fault,” Trump said. And that’s *exactly* why oil companies aren’t going to Scrooge-McDuck back into Venezuela.
Baker Hughes data shows US oil rig count fell 3 to 409 in the last week, down 71 rigs, or 15%, from a year ago.
January 9, 2026 at 6:05 PM
Baker Hughes data shows US oil rig count fell 3 to 409 in the last week, down 71 rigs, or 15%, from a year ago.
WTI crude oil approaching $60/bbl, up another 2.7% today, gasoline up another 3c/gal- have gas prices seen a bottom? Still a bit early, will the rally hold...
January 9, 2026 at 3:01 PM
WTI crude oil approaching $60/bbl, up another 2.7% today, gasoline up another 3c/gal- have gas prices seen a bottom? Still a bit early, will the rally hold...
Friendly reminder: the average gas price is like the average rent or mortgage.
It doesn’t mean every station is charging that price.
One station can be 5–95¢ higher or lower — the “average” is just the middle of a big messy map.
It doesn’t mean every station is charging that price.
One station can be 5–95¢ higher or lower — the “average” is just the middle of a big messy map.
January 9, 2026 at 2:16 PM
Friendly reminder: the average gas price is like the average rent or mortgage.
It doesn’t mean every station is charging that price.
One station can be 5–95¢ higher or lower — the “average” is just the middle of a big messy map.
It doesn’t mean every station is charging that price.
One station can be 5–95¢ higher or lower — the “average” is just the middle of a big messy map.
What Maduro's capture could mean for Venezuelan oil and U.S. fuel supply www.cspdailynews.com/fuels/what-m...
What Maduro's capture could mean for Venezuelan oil and U.S. fuel supply
Patrick De Haan of GasBuddy says Venezuela’s oil supply and infrastructure challenges could influence long-term market dynamics, but
www.cspdailynews.com
January 9, 2026 at 1:25 AM
What Maduro's capture could mean for Venezuelan oil and U.S. fuel supply www.cspdailynews.com/fuels/what-m...
gasoline spot prices jumped 6-9c/gal today- this would be an early potential bottom- so I'm not sure that the lows are in- but retail gas prices may inch up at some low priced stations and we could see some cycling soon.
January 9, 2026 at 1:15 AM
gasoline spot prices jumped 6-9c/gal today- this would be an early potential bottom- so I'm not sure that the lows are in- but retail gas prices may inch up at some low priced stations and we could see some cycling soon.
question- how much clearer can I say this- does this make sense to folks? Gas prices are not being impacted by VZ- there's many reasons why prices will flutuate- drop/rise- but Venezuela is not a major impact pushing these current fluctuations.
January 9, 2026 at 1:06 AM
question- how much clearer can I say this- does this make sense to folks? Gas prices are not being impacted by VZ- there's many reasons why prices will flutuate- drop/rise- but Venezuela is not a major impact pushing these current fluctuations.
GasBuddy is the only source of individual gas station data that provides it- and calculates averages- and posts it for free on the internet. Our data is built not bought.
January 8, 2026 at 1:59 AM
GasBuddy is the only source of individual gas station data that provides it- and calculates averages- and posts it for free on the internet. Our data is built not bought.
ICYMI- the GasBuddy/PDI team did a Executive Briefing on Venezuela and Global Oil Markets. See the replay and get insights on what to expect in the days ahead: pditechnologies.com/resources/we...
PDI Executive Briefing: Venezuela & Global Oil Markets
In this strategic executive briefing, petroleum analyst Patrick De Haan and Linnea Geiss examine Venezuela’s evolving situation and its impact on global oil markets.
pditechnologies.com
January 7, 2026 at 11:04 PM
ICYMI- the GasBuddy/PDI team did a Executive Briefing on Venezuela and Global Oil Markets. See the replay and get insights on what to expect in the days ahead: pditechnologies.com/resources/we...
how you can tell when gas stations are selling gasoline below cost, lesson 1:
January 7, 2026 at 3:42 PM
how you can tell when gas stations are selling gasoline below cost, lesson 1: