Electric truck sales, soaring?
The news is all about rising diesel prices. Consider that 90% of what we consume is transported, and 90% of what is transported is moved by diesel. You will get a picture of why inflation is increasing and likely to continue.
However, as the chart below shows, the price of diesel is up nearly 65% this year, while electricity is up about 8%.
If you are buying a truck, which would you want to fuel it with?
The answer is becoming increasingly electric.
Political tension and war may have accelerated the rise of diesel. The long-term effects are clear: it will continue.
This has implications. As the world shifts transportation fuel to electricity, the environmental, along with cost, impact will be greater.
Electricity can be produced more efficiently than using diesel in trucks and at a lower cost.
EV adoption will continue and could help reduce inflation and the environmental impacts of climate change.
Realgy Energy Services is a registered Retail Energy Marketer serving commercial customers in the states of Illinois, and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 11 solar plants in Illinois and is looking to invest in additional locations. Now 12 with the inclusion of Highland Park newest recreation center West Ridge Center – New Community Recreation Facility Coming in 2026 | Park District of Highland Park
Additional Information:
https://eprinc.org/u-s-diesel-price-spikes-and-why-an-export-ban-would-backfire/