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Al Jazeera segment cites GasBuddy analyst on delayed US gas price relief to 2027

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Summary

The segment features Patrick De Haan of GasBuddy explaining that US national average gasoline prices are unlikely to return below $3 per gallon until 2027. It attributes the delay to significant depletion of global oil inventories following disruptions from the recent US-Iran conflict, with recovery likened to filling a pool with a garden hose; hurricane season is noted as a potential additional factor. The broadcast relies on a single named expert analyst, references pre-war price levels from before US attacks on Iran, and draws from ongoing market reporting on inventory levels without additional guests or graphics shown in the transcript.

Editorial Assessment

The prediction is grounded in documented inventory draws reported by EIA and IEA following Strait of Hormuz disruptions in early 2026, with current national averages near $4. Current prices and tight stocks support the timeline for gradual recovery. Viewers may miss that some forecasts anticipate partial easing later in 2026 if flows resume, or variation among other analysts. The segment accurately conveys one credible perspective but offers limited counter-context on potential faster rebounds or domestic US production buffers.

Key Moments

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US national average gas price unlikely to fall below $3 until 2027

Matches statements from GasBuddy's Patrick De Haan and aligns with EIA projections of elevated prices into 2027 amid inventory recovery

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Global oil inventories significantly depleted due to Iran war disruptions

IEA and EIA data confirm large draws of 100+ million barrels in recent months from Strait of Hormuz issues

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Recovery could take many months to over a year, possibly delayed by hurricane season

Consistent with analyst commentary and seasonal risks noted in energy outlooks

Sources Consulted

  1. Short-Term Energy Outlook
  2. Oil Market Report - May 2026
  3. US drivers may have to wait until 2027 for gasoline prices to fall below $3
  4. Even if the Iran war ended today, US fuel prices aren’t likely to normalize this year