Washington, D.C. – With diesel fuel prices dipping to the lowest levels since 2009 the U.S. vehicle market is prime for potential market increases as several new 2016 clean diesel cars and pickup trucks prepare to hit showrooms in the coming months, according to Allen Schaeffer, Executive Director of the Diesel Technology Forum.
Last week, AAA’s Daily Fuel Gauge Report indicated that diesel fuel was cheaper than regular gasoline in 21 states and significantly cheaper than Midgrade and Premium gasoline. Today, California is the state with the largest gap as diesel is 70 cents cheaper per gallon than regular gasoline.
“The major decreases in diesel prices have emerged at a perfect time for drivers as almost 20 new clean diesel cars and pickup trucks are preparing to enter the U.S. market,” Schaeffer said. “And when you combine the lower cost of diesel fuel along with its 20 to 40 percent higher fuel efficiency than gasoline, clean diesel vehicles make more economic sense for buyers than ever.
Diesel-Dominated Trucking Industry & Farmers Also Benefit
“These low diesel prices are also great news for America’s truckers, farmers and construction firms. With 98 percent of all heavy-duty trucks in the U.S. running on diesel the price drop is having a major positive impact on the transportation of goods and agricultural production.”
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Source: Diesel Technology Forum