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Study Finds Diesel Vehicles a Better Value Than Gasoline

WASHINGTON, D.C. - A Carnegie Mellon University study called “Comparing Resale Prices and Total Cost of Ownership for Gasoline, Hybrid and Diesel Passenger Cars and Trucks” finds that diesel-engine vehicles are a better value than gasoline-engine vehicles due to lower operating costs and higher resale values over time.

Engineers Aim to Improve Gas Engines

While alternative fuels and vehicles are getting a lot of attention, future improvements in gasoline engines will keep them a predominant power source.

Gasoline Price Up 5.6 Cents Last Week

WASHINGTON, D.C. --- Last week, retail gasoline prices hit a record high for a January, shooting up 5.6 cents from the previous week to reach an average of $3.109 per gallon, as of Jan. 7.

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