Diesel Direct Newsletter - What's Happening with Diesel Prices?
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What's Happening with Diesel Prices?
The current price spread between gasoline and diesel fuel is due to a variety of factors - global and domestic, economic and political. The Energy Information Administration is projecting that the price differential between the two fuels will narrow.
What does this mean for consumers driving diesel cars? The next generation of clean diesel cars still offers consumers the best overall value.
Click here to learn more.
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Congress Approves Additional Retrofit Funding
On June 10 the House of Representatives passed legislation allowing the EPA to continue funding diesel retrofits as part of agreed settlements for environmental violations. The bill, S. 2146, addresses concern that diesel retrofit projects could no longer be included in these court settlements due to congressional appropriations of $49.2 million for the Diesel Emissions Reduction Act (DERA) in FY2008. Congressional supporters led by Reps. Matsui and Shimkus have asked appropriators to provide $70 million for the program in FY2009.
The Senate passed S. 2146 earlier this year and so now the bill will proceed to the President's desk for his signature.
Diesel Legislation Introduced in Senate and House of Representatives
On May 22, Senator Collins (R-ME) introduced S. 3059, the Commercial Truck Fuel Savings Demonstration Act of 2008. This legislation would create a 2-year pilot program that would permit trucks carrying up to 100,000 pounds to travel on the federal interstate system whenever diesel prices are at or above $3.50 a gallon.
Senator Snowe (R-ME) co-sponsored S. 3059 along with Senator Collins. This action followed Senator Snowe's introduction of The Diesel Tax Parity Act of 2008 on April 21. The bill, S. 2896, calls for a reduction in the federal tax on diesel fuel to 18.3 cents per gallon until December 31, 2008.
On May 21, Congresswoman Mary Bono Mack (R-CA) introduced the Diesel Tax Fairness Act, H.R. 6106. Similar to Senator Snowe's legislation, H.R. 6106 would reduce the federal tax on diesel fuel by 6 cents to 18.3 cents, making it the same rate as currently imposed on gasoline. According to Congresswoman Bono Mack, she introduced the legislation to lower the price of diesel for consumers and incentive the use of clean diesel technology.
A copy of all three bills is available at: www.thomas.gov.
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Kansas Mechanic Has a Answer to High Gas Prices
ABC News
June 9, 2008
Diesel-Fueled Jeep Worth a Look
The Atlanta Journal - Constitution
May 30, 2008
How Green Is Diesel?
New York Times
May 29, 2008
Diesels (Still) Equal Savings
BusinessWeek
May 27, 2008
Fuel-Sipper Smackdown
CNNMoney.com
May 2008
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New Video - Meet Clean Diesel: On the Road to Clean Air
Diesel engines have been the reliable workhorse powering America's trucking industry and delivering goods for more than half a century. Much has changed about the diesel engine and truck over the years.
A new generation of improved clean diesel engines and trucks are on the road - more environmentally sound and as vital to our economy as ever. Every day a truck utilizing the latest in clean diesel technology takes to the road doing its part in providing cleaner air and a better environment.
At this year's Mid America Trucking Show we asked drivers and others in the diesel industry to tell us how well these newer Clean Diesels are performing.
Click here to watch the video.
The Diesel Technology Forum is a non-profit organization dedicated to promoting clean diesel technologies. Forum members include engine and vehicle manufacturers, diesel fuel refiners, and manufacturers of emissions control devices. For more information about the Forum, visit our web site at www.dieselforum.org.
