U.S. Department of Energy - Energy Efficiency and Renewable Energy

Vehicle Technologies Program

Fact #355: January 17, 2005
Comparison of Fuel Prices

On a gasoline-gallon equivalent (GGE) basis, compressed natural gas (CNG) was the least expensive vehicle fuel in 2004. The graph shows nationwide averages for gasoline and diesel fuel prices for two selected weeks in 2004. The prices for CNG, propane, E85, and biodiesel (B20) are median values from a nationwide survey of stations that sell the fuels.

Fuel Prices (including federal, state, and local taxes)
Graph showing nationwide averages for gasoline and diesel fuel prices for two selected weeks in 2004

Supporting Information

Fuel Week of
June 14, 2004		 Week of
November 15, 2004
Gasoline (per gallon) 1.99 1.97
CNG (per GGE) 1.40 1.56
Propane (per GGE) 2.13 2.91
E85 (per GGE) 2.28 2.30
Diesel (per gallon) 1.71 2.13
B20 (per gallon) 2.06 2.24

Source: U.S. Department of Energy, Clean Cities Program, "The Alternative Fuel Price Report," November 26, 2004. [Gasoline and diesel prices are from the Energy Information Administration]

 

Return to 2005 Facts of the Week