The economy in plain English, with sources

Future Macro covers oil, inflation, rates and the Fed, and what they cost you. Every number carries its date and source.

Brent · Oct 27, 2026 spot

$123.10

Latest daily Brent spot price EIA has published. We check for a new one every day.

Source: EIA

~$19 More per 15-gallon fill-upRegular gas, $4.269 (week of Oct 26, 2026) vs $3.035 a year earlier. Our arithmetic on EIA prices.

As of Oct 27, 2026 (oil) and the week of Oct 26, 2026 (pump prices)

Numbers we're watching

Oil and pump prices come straight from the U.S. Energy Information Administration (EIA) and are checked daily; last checked Nov 1, 2026. Real pay is from the BLS monthly release.

From the latest video

What oil does to a paycheck

Gas and diesel against a year earlier, and pay against prices. Both charts come from the Brent video.

These charts use AAA’s daily average from Oct 19, as in the video. The numbers above use EIA’s weekly U.S. average, so the two can differ by a few cents.

Pump prices, a year apart

U.S. average per gallon

A year earlier Oct 19, 2026 $3.63 $6.32Diesel $3.04 $4.30Regular
Regular gas averaged $4.30 a gallon on Oct 19, 2026, up from $3.04 a year earlier. Diesel averaged $6.32, up from $3.63.
Pump prices, a year apart: the numbers
MeasureA year earlierOct 19, 2026
Diesel$3.63$6.32
Regular$3.04$4.30

Source: AAA Daily Fuel Gauge, Oct 19, 2026

Pay rose 3.0%. Prices rose 3.7%.

Change vs a year earlier, September 2026

+3.0% Averagehourly pay +3.7% Consumerprices (CPI) −0.7% Realhourly pay
Average hourly pay rose 3.0% from a year earlier. Prices rose 3.7%. After inflation, real hourly pay fell 0.7%.
Pay rose 3.0%. Prices rose 3.7%.: the numbers
MeasureChange vs a year earlier
Average hourly pay+3.0%
Consumer prices (CPI)+3.7%
Real hourly pay−0.7%

Source: BLS Employment Situation, Sept 2026; BLS CPI, Sept 2026; BLS Real Earnings, Sept 2026

Latest video · Oct 21, 2026

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