Jump to content

ExxonMobil expects diesel to be the leading global transportation fuel by 2020

ExxonMobil expects diesel to be the leading global transportation fuel by 2020

SYF77

Entry posted by SYF77 ·

958 views

monthly_03_2013/blogentry-60386-1363092257.jpg

blogentry-104226-1363169493_thumb.jpg

According to a report by ExxonMobil, diesel will surpass petrol as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040. The shift from petrol is being propelled by an increase in light-duty engine efficiency and an expansion in commercial transportation globally.

 

Fuel demand by heavy-duty vehicles will see the greatest growth and accounts for 40% of all transportation demand by 2040. Approximately 80% of the growth in the demand for commercial transport will come from developing nations.

 

blogentry-104226-1363169502_thumb.jpg

On the other hand, demand for petrol will be relatively flat despite the doubling of global personal vehicle population from more than 800 million vehicles at present to more than 1.6 billion in 2040. The rise in popularity of diesel personal vehicles can be observed right here in Singapore due to the CEVS, and reduction of Special Diesel Tax for cars that meet the Euro V emission standard.

 

In 2040, we may end up seeing more diesel pumps than petrol ones in our gas stations.


0 Comments

Recommended Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Christmas colours: What do they actually mean?

    The members of the Sgcarmart media team recently put its heads together to prepare something special and festive for our readers and viewers - which you can both read about and watch on Instagram - and as we were sitting down to plan things out, we were faced at one point with a deceptively simple question: What are the different meanings behind the colours we associate with Christmas?  In my very non-expert eyes, three distinct colours stand out: Red, green and white primarily,
    donutdontu

    donutdontu

    0

    DENZA D9: True Flagship Excellence

    What makes something a flagship? Flagship products represent the very best of a brand. Whether it's cars, electronic products, even services, a 'flagship' is core to a brand experience, as well as to the brand's image. Besides just delivering all the tangible features and functionality offered by the brand, a flagship product is also a showcase of the intangible - about what a brand stands for, and what it aims to deliver to customers. DENZA, a BYD Premium Brand, has now been officiall
    donutdontu

    donutdontu

    0

    Japan is weird. I love it (Part 5)

    There are plenty of strange sports in this world. People running from bulls. People running after cheese. Power Slap.  But of course few places do weird quite like Japan. Introducing to you: Bo-taoshi.  The name means 'topple the pole', and that's exactly the name of the game. Except of course its never quite so simple.  You want teams? Oh, you get teams. 150 players, split into 75 offensive and 75 defensive - one holding your pole up, the other attacking another team to topple th
    bobthemob

    bobthemob

    0

    My inexplicable attraction to instant food

    Ready-to-eat microwaveable meals, instant noodles, plane food - these aren't typically the kinds of foods that people will spring for when given a choice. But for some reason, I actually enjoy eating foods like that, and would even find myself craving for them at times. I know, most of you would say it's the salt, seasoning, MSG, sugar and all the unhealthy flavourings that I'm hooked to. And you might be right - but I think it's more than that; there's something about eati
    Typicalcarguy

    Typicalcarguy

    4
×
×
  • Create New...