Gasoline Vehicles to Remain Dominant in 2040: Report

Jason Siu
by Jason Siu

Gas-powered vehicles will remain dominant on the road in 2040 according to a report by the U.S. Energy Information Agency.

Despite hybrids and electric vehicles growing in popularity, the agency believes 78 percent of vehicles on the road in 2040 will still run on gasoline. Last year, 82 percent of the vehicles on U.S. roadways were powered by gas. In addition, the report states that diesel-powered vehicles will double by 2040 from two percent to four percent.

SEE ALSO: Top 10 Most Fuel Efficient Non-Hybrids

Most importantly, it is believed that the average fuel economy of vehicles on the road in 2040 will be 37.2 mpg, up from the current 21.5 mpg. As for gasoline prices, the government may be a bit on the optimistic side. It believes that unleaded gasoline will cost $3.90 a gallon in 2040 while diesel will rise to $4.73 a gallon.

Discuss this story at our alternative fuel forum.

Jason Siu
Jason Siu

Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.

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Join the conversation
  • Rhiebert Rhiebert on Dec 19, 2013

    That means to me that there will a place for quality synthetic lubricants. Even petroleum based motor oils will improve, to be sure.

  • Craig millett Craig millett on Dec 25, 2013

    Who would believe such a self serving report? The world will be radically changed by then and the age of the car cult will be nearly over. Wake up Auto Guide readers and support transportation, not just cars.