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Diesel and gasoline prices drop in early 2020, but diesel drops substantially less

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Although both diesel and gasoline are made from oil, the trends in their prices do not always go in parallel. While personal driving (which uses primarily gasoline) is down greatly because of various stay-at-home mandates, commercial truck transport (which uses primarily diesel) has been substantially less affected.

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New battery-electric vehicles take 5.7% share in Europe in Q1; hybrids 18.4%, gasoline 42.2% , diesel 23.2%

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Sales of traditional fossil-fuel cars continued to decrease in the European Union, although gasoline and diesel still made up 65.4% Gasoline and diesel cars. From January to March 2021, diesel volumes fell 20.1% Diesel now holds a market share of 23.2%, down from 29.9% in the first quarter of 2020.

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EIA: China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

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In the second half of the year, China processed slightly less crude oil and began exporting significantly less gasoline and diesel than in the first half of the year to ensure sufficient domestic supply. increase from 2020. China’s exports of diesel and gasoline ended 2021 at lower levels than at the beginning of the year.

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DTF: Diesel dominates commercial truck, transit and school bus fleets in US

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Diesel is the predominant technology in commercial trucking, school, and transit bus sectors, according to the Diesel Technology Forum’s analysis of data sourced from S&P Global Mobility TIPNet data of vehicles in operation for Class 3-8 as of December 2021. Of the largest trucks (Class 8) in operation, 97% are diesels.

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EIA projects global conventional gasoline and diesel LDV fleet will peak in 2038

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billion vehicles in 2020 to 2.21 of the global LDV fleet in 2020 to 31% in 2050, reaching 672 million vehicles. Significant growth in EV sales and shares of sales through the projection period results in the global conventional gasoline and diesel LDV fleet peaking in 2038 in the EIA forecast. billion vehicles by 2050.

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NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577

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The increase brings the gasoline tax from $0.414 to $0.507 per gallon (22.5%). Highway fuels consumption took a significant hit in FY 2020 because of the economic downturn caused by the COVID-19 pandemic. Treasury noted that consumption of gasoline declined by a total of 38.7% —State Treasurer Elizabeth Maher Muoio.

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EIA: US fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years

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In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 2020 marked the largest annual decrease in US fossil fuel consumption in both absolute and percentage terms since at least 1949, the earliest year in the EIA annual data series.

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