23 7% Annual Growth 22 Natural gas (Industrial) Gasoline No. 2 Fuel Oil Natural Gas (utility) No. 6 Fuel Oil Wood/Solid Waste Coal Nuclear 21 20 19 18 17 16 Fuel Price ($/GJ) 15 14 13 12 11 10 5% Annual Growth 9 8 7 4% Annual Growth 6 5 3% Annual Growth 4 3 2% Annual Growth 2 1 0 1970 1975 1980 1985 1990 1995 Year 2000 2005 2010 2015 ©Prices for fuels on an energy-equivalent basis. Numbers are U.S. averages, delivered. [From U.S. Dept. of Energy (www.eia.doe.gov). The Oil and Gas Journal (www.ogjonline.com), and informal sources. Values for gasoline do not include taxes, which may add from 30 to 50%, depending on the location.] Figure reproduced from Chemical Engineering Process Design and Economics – A Practical Guide© by Ulrich and Vasudevan.
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