Diesel Prices Vs. Gasoline Prices
- According to the U.S. Energy Information Administration, diesel cost $2.79 per gallon in November 2009, while gas cost $2.65 during the same period.
- Gasoline and diesel prices are affected the most by the price of crude oil. However, diesel has higher taxes and costs a little bit more to refine from crude oil.
- While diesel may cost more per gallon, it also gets much better fuel mileage. People who drive using diesel fuel can often get up to an additional 9 miles per gallon than a comparable gasoline car.
- Until 2004, diesel typically cost less than gasoline, but demand in developing countries, Europe and the U.S. has increased competition for available diesel supplies. Additionally, U.S. restrictions on the sulfur content in diesel make it more costly to refine.
- The federal government charges 6 cents more for diesel's excise tax (24.4 cents per gallon) than the gas excise tax.