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We consumer don't have to decide which vehicle makes sense to produce, just get the government out of the way and then we get to pick from winners. Diesel's do even better than hybrids on the highway, but hybrids are showing up in taxis in NY stop go traffic. Taxi drivers are deciding, but consumers can't decide about diesel because there are only a few models available. Why is that? EPA.
A Congressional Budget Office report released in the fall tells Obama what the rest of us have known for some time: Your bet on electric cars wasn’t an investment, but a gamble; a dumb gamble.
And now you’ve just come up snake eyes.
“Despite the federal government pumping $7.5 billion into the electric vehicle industry in the United States through 2019,” writes the CSMonitor.com, “overall national gasoline consumption is unlikely to be significantly affected, according to a report released by the Congressional Budget Office (CBO).”
The CBO says that even if Obama increased the amount of the subsidy, it...
The one area in refining where we could help ourselves is if the EPA would let Big Oil build more refineries. There haven't been any new refineries built in the US since 1976.
When you refine a barrel of crude oil you DON'T get to choose how much diesel you'll make and much gasoline you'll make.
(I hate it when I do that and end up saying the opposite of what I intended.)
Diesel is a distillate, while gasoline is refined, and the leftover crude can be re-cracked allowing more gasoline, but no more diesel, to be refined.