|SGenerally, total demand for distillates and
gasoline in Europe is growing very little, which has been part of an ongoing
effort to stem transportation demand in order to reduce CO2 emissions in
response to greenhouse gas concerns.
|SThis chart shows European diesel and gasoline
demand separately, illustrating how diesel fuel has been overtaking and
replacing gasoline. Today diesel-fuel
demand in Europe exceeds gasoline demand.
|SLooking ahead, European diesel-fuel demand is
expected by many forecasters to continue to grow, while gasoline demand will
continue to decline.