U.S. EIA: Refineries to cut gasoline production in 2026 to increase middle distillates, driven by exceptionally high refining margins for distillate fuel oil and jet fuel. According to the U.S. Energy Information Administration's (EIA) latest Short-Term Energy Outlook (with data through August 2026), U.S. gasoline refining production has declined significantly this year to support increased output of distillate fuel oil and jet fuel—sometimes referred to as middle distillates due to their relative cut points in the refining process.