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US refineries produce a smaller share of gasoline from each barrel of crude oil processed and shift production towards diesel and jet fuel, as the increase in margins on these products changes the economics of American refining. Average gasoline yields in the first eight months of 2026 were less than 45 percent, each month remaining below five-year lows, according to data released Thursday by the U.S. Energy Information Administration (EIA).

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US refineries produce a smaller share of gasoline from each barrel of crude oil processed and shift production towards diesel and jet fuel, as the increase in margins on these products changes the economics of American refining. Average gasoline yields in the first eight months of 2026 were less than 45 percent, each month remaining below five-year lows, according to data released Thursday by the U.S. Energy Information Administration (EIA).

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