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This includes the resources it takes for exploration, to remove it from the ground, and transport it. Between 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices. [15]
In the example provided by the US DoE in its final rule, an electric car with an energy consumption of 265 Watt hour per mile in urban driving, and 220 Watt hour per mile in highway driving, results in a petroleum-equivalent fuel economy of 335.24 miles per gallon, based on a driving schedule factor of 55 percent urban, and 45 percent highway ...
The energy content of ethanol is 76,100 BTU/US gal (5.89 kilowatt-hours per litre), compared to 114,100 BTU/US gal (8.83 kWh/L) for gasoline. (see chart above) A flex-fuel vehicle will experience about 76% of the fuel mileage MPG when using E85 (85% ethanol) products as compared to 100% gasoline. Simple calculations of the BTU values of the ...
The cost analysis was based on a typical mileage of 7,400 miles per year. Fuel costs were calculated using the current average prices of 182.3p per litre for petrol and 188.1p per litre for diesel.
For example, from May 2022 to June 2022 the average cost of gas increased by $0.88 per gallon. Data below from the U.S. Energy Administration show fuel costs from 2011 to 2023. Average price per ...
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [ 1 ] [ 2 ] Proceeds from the tax partly support the Highway Trust Fund . The federal tax was last raised on October 1, 1993, and is not indexed to inflation , which increased 111% from Oct. 1993 until Dec. 2023.
Cunard stated that Queen Elizabeth 2 travelled 49.5 feet per imperial gallon of diesel oil (3.32 m/L or 41.2 ft/US gal), and that it had a passenger capacity of 1777. [129] Thus carrying 1777 passengers we can calculate an efficiency of 16.7 passenger miles per imperial gallon (16.9 L/100 p·km or 13.9 p·mpg –US).
Average miles driven per year: 9,984. Average price for a new model: $121,253. Price per 1,000 miles: $12,145. Data is sourced from iSeeCars.com and is accurate as of April 30, 2024. More From ...