There’s no denying that many early alternative fuel adopters made the transition years ago because gasoline and diesel were much more expensive in comparison. Although anyone at the pump knows traditional transportation fuel prices have remained relatively low for a while now, what might be in store for gasoline and diesel costs in the near future? And, more importantly, why are fleets across the U.S. still switching to alternative fuels, such as natural gas or propane autogas?
Regarding the first question, NGT News turned to the U.S. Energy Information Administration (EIA).
Jonathan Cogan, spokesperson for the government agency, said the EIA found that average U.S. retail prices for gasoline and diesel in 2017 rose to $2.42/gal and $2.65/gal, respectively. Furthermore, the EIA forecasts further increases in the coming year and 2019. Read the full article here.