Europe’s Diesel Use Exceeds
Gasoline, & Gasoline Demand is Falling
SThe “dieselization” of Europeis a phrase relating to changes in Europe’s
transportation sector.Europe has
large incentives to purchase diesel-fueled light-duty vehicles and use diesel
fuel rather than gasoline.
SThe resulting shift in new light duty vehicle sales has
increased demand for diesel fuel in Europe, and decreased demand for gasoline
as the share of gasoline versus diesel-fueled light duty vehicles shifts.
SMoreover, therate
ofdecline in gasoline demand has been
increasing since 2000.