Is it time to sell your diesel vehicle?
Fox News
Diesel prices are up, but so are sale prices for used diesel vehicles, creating opportunities for owners to profit.
Dean Foreman, Chief Economist at the American Petroleum Institute told Fox News Autos that, while the prices would’ve been lower without the market pressures created by the conflict, the difference between them would’ve been similar due to other factors.
Foreman said refiners had been shifting toward gasoline production in anticipation of a rebound driven by return to work, but that deliveries due to the growth of online retailing remain strong and have kept up demand for diesel amid tight supplies.
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