ExxonMobil: Diesel Will Overtake Gasoline In Seven Years


diesel-graph diesel-graph-2According to a report published by ExxonMobil called Outlook For Energy: A View To 2040, diesel will overtake gasoline as the number one fuel by the year 2020, which is only seven years away.

The report also stated that diesel will continue to increase its market share well into 2040. 27 years is a very long time, so could this be wishful thinking? First: The efficiency of gasoline and diesel-fueled automobiles is likely to improve considerably, and these efficiency improvements enable us to continue using gasoline and diesel-powered vehicles, despite increasing gasoline and diesel costs. That said, diesel engines have the ability to be far more efficient than gas engines, and consumers are starting to catch on.

Apart from this, hybrid and electric vehicles have been making strides recently because of the push for electrification of the automobile, and these strides have not shrunken, they have increased in size. Gasoline demand is expected to remain flat because of these efficiencies, despite an expected doubling of the number of gasoline-powered vehicles on the road.

Finally, hybrids can also help extend the lifespan of the oil industry because their efficiency enables people to continue using gasoline, even if gasoline prices are unusually high because they won’t need much of it. Basically, fuel efficient cars, once the enemy of the oil industry, have become an unlikely ally. Wrap your mind around that.

Source: Green Car Congress

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loves attending and writing about/photographing events, and he writes on CleanTechnica, Gas2, Kleef&Co, and Green Building Elements. He has a keen interest in physics-intensive topics such as electricity generation, automobiles, refrigeration and air conditioning technology, energy storage, and geography.

  • Jason Carpp

    I don’t see that happening anytime soon, unless more stations become available in the USA, Canada, and Mexico, to provide diesel fuel.

    • Canada made diesel fully available years ago!

      • Jason Carpp

        That’s good to hear. The problem is that not every service station here in the USA has diesel fuel.

  • Three major areas beyond the contol of Exon Mobile in the greater Global Village:Thorium LFTR reactor development in China, Norway, Philipines, india, Russia. Chinese debut – 2017. Very cheap, very safe, and clean heat sources – see u tube videos from China. Nanotube carbon super-capacitors from China. “”””The
    new device has a specific energy density of 85.6 Wh/kg at room temperature and
    136 Wh/kg at 80 °C. These are the highest ever values for “electric double
    layer” super capacitors based on carbon nanomaterials.””  Newer ones approach or even exceed the “Energy Density” figures for gasoline.
    They recharge indefinitely!””The terrific increases these super-capacitors will have on Solar, Wind, Wave, Tidal, energy sources! Even the ‘leveling’ of peak power problems may be possible.Fair to say that outside the U.S.A. and the “corpocracy” there and the strong lobbyists there, this will be the new reality – even as China has had proven success with oil free electric bullet trains on the Asian continent, while the U.S.A. remains stuck on stupid, half way up the corporate arse, and locked in there and unable to free itself of even the cheap 20% efficient gasoline engines because of the profits they make for the corporate world. The price of diesel, normally much lower than gasoline in the larger world will be priced by BTU now or even higher – so the liars and thieves can take full advantage of the peons and their gullability!

  • T Adkins

     The graph doesn’t really show much growth in diesel use in North America over the 40 year span. NA goes up in diesel use by about 2-3 million barrels per day, but the big change is that Europe and NA cut their gasoline use in half. Europe also replaces the gasoline they cut out with a nearly equal amount of diesel. Asia Pacific more than doubles it use of diesel while not quite doubling gasoline.

    The graph also shows that NA and Europe total fossil fuel use is level without growth, but Asia Pacific from 200-2040 they have a 3-4 times growth in use. The US doesn’t have to be a big player in helping the diesel up tic in use and the graph indicates that the US isn’t a player in the growth at all.

  • I’d like to say this is wishful thinking, but the oil cartels of the world have so much power that gas powered vehicles aren’t going anywhere. It’s disappointing how “capitalism” is holding back progress.