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What's NewDiesel Fuel Prices Driven Up by Inventory Shortfalls: New Insights from EIA/DOE Diesel fuel is the lifeblood of the world economy. It powers the construction machines and equipment of developing countries, installing infrastructure, roads, buildings and even generating power. It powers the majority of heavy-duty trucks and freight rail and even marine vessels. The global crude oil demand remains high with distillate product demand at record highs, according to the Energy Information Association (EIA). This will pressure diesel fuel prices to stay higher for the short term. The recent run-up in diesel fuel prices in the U.S. (now $1.36 more than a year ago) is explained in part by lower than usual inventories of distillate products. According to EIA, this inventory deficit was in part due to the U.S. exporting distillate fuel to Latin American and Europe in January and February to quench a higher demand in those regions of the world. Now, with gasoline inventories at record highs, diesel fuel inventories are at the bottom of a five year average. What do higher fuel prices mean for current and prospective diesel car owners? Find out here.
Diesel SpotlightNew Vehicle Fuel Economy Standards: Bring on the diesels
DOT’s proposal would increase fuel economy of new cars and trucks by about 4.5 percent a year starting in 2011 to meet a fleet wide average of 31.6 m.p.g. by 2015. For passenger cars, the proposal would increase fuel economy from the current 27.5 miles per gallon to 35.7 miles per gallon by 2015. For light trucks, the proposal calls for increases from 23.5 miles per gallon in 2010 to 28.6 miles per gallon in 2015. Read More at New York Times, Wall Street Journal, The Detroit News
Low Carbon Fuel Standard and Clean Diesel Technology Low Carbon Fuels are one strategy to reduce greenhouse gas emissions, and they are getting heightened attention among California and Washington policymakers. Clean diesel can play an important role in reducing the carbon footprint of transportation. Click here to find out more. |
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On the Diesel BlogDiesel Companies Among World's Most Sustainable At the World Economic Forum in Davos Switzerland this week, Innovest Strategic Value Advisors and Canada's Corporate Knights Inc. released their list of the world's 100 most sustainable companies. The list included companies from 17 countries and all major sectors, including four diesel industry leaders and DTF members... Diesel Direct- Diesel Fuel Prices Driven Up by Inventory Shortfalls: New Insights from EIA/DOE |
The government’s landmark increase in fuel economy standards for future cars and light trucks over the next 7 years means that more consumers will be driving diesel cars in the not too distant future. With real-world 20-40 percent efficiency improvement over regular gasoline, new clean diesel is a technology manufacturers are 
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