I came across the below article this morning on rising gasoline prices. I figure this a good opportunity to look at the difference in cost in CNG versus gasoline. The most recent data from DOE is from January, but the numbers are interesting.

According to the chart, CNG is selling at a 30% discount to gasoline. Good thing my summer travel plans include a road trip on CNG and not gasoline.

Gas Prices to Increase for Summer Vacation

Strengthening Economy Will Lead to More Money at the Pump, Experts Say
By MARK TRUMBULL
April 24, 2010—

Drivers beware: Gas prices may be heading up this summer, thanks largely to signs that the economy is strengthening.

That would follow a typical pattern in which gasoline prices often peak during the season of maximum demand. The big question, of course, is how high prices will go.

Energy prices are notoriously volatile and hard to predict. For now, many forecasters see a moderate rise — not the major spike that walloped American consumers in 2008.

Here’s more on the outlook and what it might mean for you:

The U.S. average retail price will peak this summer at slightly above $3.10 per gallon, predicts Patrick DeHaan, who tracks the industry as a senior analyst for GasBuddy.com. That would be up about 8.5 percent from the beginning of this month, according to the U.S. Energy Information Administration.

To read more, click here.

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