How much does fossil fuels cost?
How much does fossil fuels cost? In general, fossil fuels cost about 2.50 U.S. dollars per million British thermal units (Btu) but can range from 2.02 U.S. dollars per million Btu for coal to 9.07 U.S. dollars per million Btu for petroleum. How much US electricity comes from fossil fuels? In 2020, about 4,009 billion kilowatthours (kWh) (or about 4.01 trillion kWh) of electricity were generated at utility-scale electricity generation facilities in the United States. About 60% of this electricity generation was from fossil fuels—coal, natural gas, petroleum, and other gases. What is the most abundant fossil fuel 400 year...