SThe reason for diesel-fuel demand growth has been the result of a shift by car buyers from gasoline to diesel-fueled vehicles.  Diesel-fueled vehicles are about 35% more efficient than gasoline-fueled vehicles, which helps Europe to reduce its transportation fuel demand.
	SUsing various tax and purchase incentives, Europe’s diesel-fueled vehicle sales have seen a rapid penetration in recent years.  European new car registrations went from just over 20% in the mid 1990’s to almost half of the new car sales today.
		–New vehicle registrations showed new diesel-fueled vehicles at almost 50%  of new light-duty vehicles in 2004.
		–This compares to 1-2% in the United States.
	SHowever, the shift from gasoline to diesel has been occurring over many years, which set the stage for the recent surge over the last seven years.