Diesel is more expensive than gasoline due to higher taxes, higher demand, and lower supply. Diesel vehicles are often heavier and can cause more damage to roads than gas-powered vehicles, hence they are subject to higher taxes. The U.S. government taxes diesel at a higher rate than regular gasoline. Diesel demand has grown, transitioning to lower-sulfur diesels has impacted fuel production costs, and the federal excise tax for on-highway diesel sits at 24.3 cents per gallon while it's only 6 cents on gasoline.
According to Cenex, diesel fuel is 6 cents more than gasoline per gallon. Diesel is 24.4 cents per gallon, while gasoline is 18.4 cents per gallon.
In short, high demand, low supply, low sulfur content diesel production, and taxes are some of the major reasons why diesel is more expensive than gasoline .
Here are some websites that discuss Why Is Diesel So Expensive:
- [Why Diesel Is More Expensive Than Gasoline - Way](https://www.way.com/blog/why-diesel-more-expensive-than-gas/)
- [Diesel Is Cheaper to Produce Than Gas — Why Is It More Expensive? - Market Realist](https://marketrealist.com/p/why-is-diesel-more-expensive-than-gas/)
- [Why is diesel so expensive compared to petrol? Prices explained - The Sun](https://www.thesun.co.uk/motors/20240391/why-diesel-expensive-compared-to-petrol-prices-explained/)
- [Why Is Diesel So Expensive? - NerdWallet](https://www.nerdwallet.com/article/finance/why-is-diesel-so-expensive)
- [Why diesel is more expensive than regular gas - CNN Business](https://www.cnn.com/2022/07/26/business/diesel-prices-gas/index.html)
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