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Wednesday, 08/15/2018 10:10:23 AM

Wednesday, August 15, 2018 10:10:23 AM

Post# of 8475
http://www.iangv.org/2017/02/us-doe-reports-cng-price-varies-little-over-16-years/

Since 2000, gasoline, diesel, propane, ethanol (E85), and biodiesel (B20) have all experienced significant fluctuations. Electricity prices show cyclical price variations from the summer months to the winter months. Over the 16-year period, electricity ranged from a low of $3.47 per GGE to a high of $4.51 per GGE, a $1.04 difference. In contrast, gasoline prices ranged from a low of $1.46 per GGE to a high of $4.36 per GGE, a $2.90 difference. Although CNG experienced larger price fluctuations between 2005 and 2009, the price was generally more stable from 2009-on.”

Trendlines (linear) added by NGV Global suggest that despite the recent closing of pricing between CNG and most other fuels, the long term trend is for the gap to widen, highlighting two of the major benefits of natural gas fuel: low price and stability.

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