Quote:
Originally Posted by ForcedInduction
Supply and demand. Europe has over 50% of new cars sold Diesel while the US is less than 5%, including pickups. Little demand so the cost to produce is high.
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That would actually be counter to the theory of supply and demand wouldn't it? If a product is in little demand then the price would trend lower in order to induce more demand and vice versa.
One theory I have heard to justify the high cost of diesel is that the refining process has had to be modified to produce ULSD and those costs are being passed on to us schmucks the consumers.