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Diesel demand may have peaked in the US

With competition from CNG and other cleaner alternative fuel solutions, diesel demand in the US may have peaked. A recent study expects demand to start declining from 2016.

Last year, a study found that diesel-powered vehicles in the US had lower total cost of ownership (TCO) than gasoline vehicles and that owners of diesel vehicles saved US$2,000 to US$6,000 in TCO during a three- to five-year period, compared with gasoline-powered vehicles in similar segments.

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