May 28, 2010 // Diesel Technology Forum
As Memorial Day approaches, the vacation season is set to begin and with it, the conversation about fuel prices and how much driving on this summer vacation will cost consumers.
The Energy Information Administration (EIA) forecasts that regular grade gasoline retail prices will average $2.92 a gallon during this summer's driving season, up from $2.44 last summer. For diesel car drivers, projected fuel prices are forecast at only 3 cents per gallon more than regular gasoline - $2.95 a gallon, though in each case EIA notes that prices are likely to exceed the average at times during the April 1-September 1 period. Since many comparable gasoline versions of the diesel models require premium grade fuel, diesel could well be the more economical choice.
Are we stopping soon? Diesel car owners enjoy 20-40 percent more miles per gallon and with it the greater freedom from stopping frequently at the fuel station. With some diesel cars having ranges of well over 500 miles on a single tank full of fuel, you'll be stopping for reasons other than fueling up! You can calculate your potential savings in buying a diesel here.
It's true. Clean diesels outsold hybrids in 2009.
According to Wards Auto, compared to 2008, 2009 sales of hybrid vehicles grew from 2.1 percent to 2.9 percent while sales of clean diesel engines in cars and SUVs jumped from just 2.1 percent to 3.7 percent of all engines. USA Today also recently had a story about diesel car sales in the U.S. Don't delay if you're thinking about buying a new diesel, though. With all the popularity of these new diesel cars last year, the clock is ticking as manufacturers approach their limits on the number of tax credits available, and credits may soon be discounted. View a full listing of the currently available diesel cars and their tax credit eligibility.