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Diesel Fuel Prices Are Up

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  • Description

    It's more expensive than gas

  • Duration 1:21
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Well -- and it looks like this is back to the future.

There has been an increase in the sales of diesel cars currently diesel sales account for about.

2%.

Of the total market not very much that's when you compare it to Europe where.

Diesel cars being sold -- about 50% of the market.

But over the last few years foreign manufacturers had been importing their diesel cars to the United States and -- State's sales have spike.

Take Volkswagen for example they -- diesel sales have increased in the last year about 35%.

US auto makers currently do not make any diesel cars that is expected to change in 2013.

And even though diesels get about 30%.

Better mileage.

They are more it is more expensive to buy the fuel and oil analyst explains why.

Diesels more expensive because global demand is a little bit closer to global supply.

And it's actually the toughest petroleum molecule to produce.

Nationally and internationally.

You have to remove almost every vestige of sulfur from the diesel molecule and then that -- some money to do.

One analyst we talked to also said that sales of -- that they continue to -- Interestingly could eat into the hybrid and the electric car market people who simply want to lower the cost of there miles per gallon -- -- --

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