12-04-2008, 10:10 AM
The tax difference could easily be obviated should there be a resurgence in Diesel vehicles. But even with the tax Diesel should be cheap because it cost less to refine than gasoline, even low sulfur Diesel. The high demand is not because it is so high but because it is inelastic compared to gasoline. Trucks run no matter the cost of Diesel.
New emission controls soon to take effect will make Diesel exhaust as odorless as gasoline exhaust. And particulate emissions will also go way down. Hard to get rid of the nitrogen compounds...
New emission controls soon to take effect will make Diesel exhaust as odorless as gasoline exhaust. And particulate emissions will also go way down. Hard to get rid of the nitrogen compounds...
billb wrote:
the 6 cent additional tax on diesel is no accident
the transition to more expensive low sulfer diesel is no accident
higher demand for diesel is not an accident