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Average Price of Fuel

Posted at September 5, 2013 | By : | Categories : Blog | Comments Off

By now, everyone has heard that Compressed Natural Gas (CNG) offers significant fuel cost savings over traditional gas and diesel fuel. Taking a snapshot of costs today, how do the prices compare? According to fuel cost analysts, the national average price of CNG today is approximately $2.10 per gallon equivalent. This cost varies from state to state. Some of the lowest prices have been seen in Oklahoma, Arkansas, Oregon, and Idaho, where prices are approximately $1.25. As the winter months approach, diesel prices are expected to rise above $4.00 per gallon with an increased demand for heating oil. The U.S. Energy Information Administration regularly updates gasoline and diesel fuel prices.

About Tina Reed

Based in ET's Phoenix, AZ office, Tina Reed holds a BA and Cert. of Construction Management from Arizona State University.