Mumbai, Jan. 21 -- The US Energy Information Administration or EIA has stated that it expects lower gasoline prices in 2026 and 2027 amid weak cues from crude oil. It noted that in latest Short-Term Energy Outlook, it forecast retail US gasoline prices will be lower the next two years than in 2025, falling 6% in 2026 and then increasing 1% in 2027. On a regional basis, EIA expects gasoline prices to decrease in every region in 2026 and increase in 2027. Despite that expected increase, 2027 average gasoline prices remain less than 2025 averages in every region except the West Coast (PADD 5), where it expects the upcoming loss of refinery capacity will contribute to relatively higher gasoline margins and gasoline prices that are about equal t...