Diesel Could Outsell Gas in U.S.

The Detroit Bureau - March 12, 2013

The num­ber of diesel mod­els avail­able in U.S. show­rooms is soon to expect­ed to dou­ble, accord­ing to one trade group, with demand for gas stay­ing fair­ly flat.

Get an update on diesel mod­els and pop­u­lar­i­ty.

The Chevro­let Cruze diesel is one of a wave of new “oil-burn­ers” com­ing to the U.S. mar­ket.

The num­ber of diesel mod­els avail­able in U.S. show­rooms is soon to expect­ed to dou­ble, accord­ing to one trade group, and though many Amer­i­cans are still skep­ti­cal about the ener­gy-dense fuel, the increase in demand could soon lead to diesel sur­pass­ing gaso­line as the most pop­u­lar trans­porta­tion fuel, fore­casts ener­gy giant Exxon­Mo­bil.

Where demand for gaso­line will stay fair­ly flat in com­ing decades, pre­dicts a new report, sales of diesel will rapid­ly grow – much of that increase dri­ven by the com­mer­cial vehi­cles sec­tor.

The study also sees a grow­ing role for hybrid-elec­tric trans­porta­tion, though even com­bined with plug-ins and pure bat­tery-elec­tric vehi­cles, or BEVs, Exxon­Mo­bil envi­sions “elec­tri­fied” vehi­cles will still account for less than half of the glob­al mar­ket by 2040.

Diesel will surge past gaso­line as ear­ly as 2020, and con­tin­ue to gain share for at least anoth­er two decades, fore­casts the company’s new study, “Out­look for Ener­gy: A View to 2040.” Over the more than a quar­ter cen­tu­ry cov­ered by the report, diesel demand is expect­ed to account for 70% of the growth in all trans­porta­tion fuels.

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