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From 1998 to 2004, the price of gasoline fluctuated between $0.26 and $0.53 per liter ($1 and $2/U.S. gal). [93] After 2004, the price increased until the average gasoline price reached a high of $1.09 per liter ($4.11/U.S. gal) in mid-2008 but receded to approximately $0.69 per liter ($2.60/U.S. gal) by September 2009. [93]
The world's top ethanol fuel producer in 2010 was the United States with 13.2 billion U.S. gallons (49.95 billion liters) representing 57.5% of global production, followed by Brazil with 6.92 billion U.S. gallons (26.19 billion liters), and together both countries accounted for 88% of the world production of 22.95 billion U.S. gallons (86.85 ...
In 2008, oil prices rose briefly, to as high as $145 per barrel, [25] and U.S. gasoline prices jumped from $1.37 to $2.37 per gallon in 2005, [26] causing a search for alternate sources, and by 2012, less than half the US oil consumption was imported. However, as of January 2015, the price of oil has decreased to around $50 per barrel. [27]
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Compared to oil, with an 11:1 EROI, corn ethanol has a much lower EROI of 1.5:1, which, in turn, also provides less mileage per gallon compared to gasoline. [7] In the future, as technology advances and oil becomes less abundant, the process of milling may require less energy, resulting in an EROI closer to that of oil.
Natural gas prices 2000 - May 23, 2022 Comparison of natural gas prices in Japan, United Kingdom, and United States, 2007-2011 Natural gas prices at the Henry Hub in US Dollars per million Btu for the 2000-2010 decade. Price per million BTU of oil and natural gas in the US, 1998-2015
The high price of oil in late 2021, which resulted in US gasoline pump prices that rose by over $1 a gallon—a seven-year high—added pressure to the United States, which has extensive reserves of oil and has been one of the world's largest producers of oil since at least 2018. [121]
The Crosstrek Hybrid features the FB20 gasoline engine detuned to 137 hp (139 PS; 102 kW), coupled with two electric motors developing a combined 148 hp (150 PS; 110 kW). The car has a fuel tank of 13.2 US gallons (50 L; 11.0 imp gal) and an 8.8 kWh (32 MJ) battery, which together enable a range of 480 miles (770 km). [ 40 ]