EIA raised 2027 gasoline and diesel price forecasts amid tight supply.
Context
What happened: The EIA raised its 2027 forecasts for diesel and gasoline prices as supply stays tight.
Key numbers: 2027 diesel forecast $5.03 a gallon, up 12% from last month. Gasoline forecast $3.73, up 5%.
Why it matters: The upward revisions point to expectations of continued tight supply keeping fuel prices elevated through 2027.