|SI am optimistic that interest will continue to
grow for diesel-fueled light-duty vehicles
in the U.S. – particularly if prices remain high. Such vehicles have a lot to offer to
|SEurope will remain an area to watch in terms
of diesel prices in the Atlantic basin and in terms of diesel vehicle trends.
|SRefiners should not become a constraint to
growth in diesel-fueled light-duty vehicles in the next decade. After the transition to ultra-low-sulfur
diesel fuel in 2006, the automobile manufacturers probably face the largest
diesel-vehicle challenges in the near term is they strive to achieve the Bin
5 emission standards.