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Doller A Gallon Gas, For Life

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“How would you like to drive on a fuel that costs the equivalent of a buck-a-gallon?”
The blue, red, and green lines in this chart display the Energy Information Agency (“EIA”) forecasts for the price of gasoline in constant dollars under EIA’s “Reference,” “Low,” and “High” oil price scenarios. The purple, light blue, and orange lines display the EIA forecasts for the price of electricity under the same oil price scenarios, converted into “Dollar per Gallon Equivalent” prices (what the price of gasoline would have to be for the fuel cost of driving a 30 mile-per-gallon gasoline car to be equivalent to the fuel cost of driving an electric car with the efficiency of a Nissan Leaf).

Source: buck-a-gallon_gas_for_life


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