According to the latest Energy Information Administration (EIA) outlook, Americans may actually see something rare in the coming years: lower oil and gas prices. Yes, lower — a concept that probably confuses the same folks in Washington who think endless regulation magically “helps” consumers.
In its November Short-Term Energy Outlook, the EIA projected that Brent crude oil will fall from $69 a barrel in 2025 to just $55 in 2026. That’s far below the $81 per barrel we saw back in 2024, when the usual experts insisted this was the “new normal.” Funny how quickly things change when American production stays strong.
Gasoline prices are also expected to continue sliding. After averaging $3.30 per gallon in 2024 and $3.10 this year, prices are projected to drop to about $3.00 a gallon in 2026. Imagine that — Americans actually paying less to fill up their cars. You can almost hear the climate-obsessed bureaucrats panicking already.
U.S. crude oil production has been solid and is expected to stay that way. The country produced 13.2 million barrels per day in 2024, and the EIA expects 13.6 million barrels a day this year and in 2026. In other words, American energy strength isn’t going anywhere — no matter how many times certain politicians try to pretend otherwise.
Natural gas prices, however, are trending upward after a major increase. Prices rose from $2.20 per million BTUs in 2024 to $3.50 this year and are expected to reach $4 in 2026. Not shocking, considering the U.S. is now the world’s largest exporter of liquefied natural gas (LNG) — topping the global charts in 2023 and 2024. EIA reports LNG exports jumped from 12 billion cubic feet per day last year to a projected 15 billion in 2025 and 16 billion in 2026. When America leads, it really leads.
The report also breaks down electricity generation across the country. Natural gas remains the top source, claiming 40% of the mix in 2025 and 2026 — a slight dip from 42% in 2024. Meanwhile, renewables continue their slow climb, rising from 23% in 2024 to 26% by 2026. Nuclear power holds steady at 18%, and coal stays relatively unchanged at 16–17%.
All in all, America’s energy future is looking a lot more stable — and a lot more affordable — than the doom-and-gloom crowd would like to admit. Lower prices, strong production, and rising exports? Sounds a lot like what happens when the country actually puts America first.
