Hi Gang, I was just listening to Richard Wolff, the economist, and he reported that a number of cities, Paris, Madrid, Athens, and Mexico City, say they will stop the use of all diesel powered cars and trucks by the middle of the next decade.
He said Tokyo is joining the group as well by expanding what was already in place.
Add in the Volkswagen says they will not sell diesel vehicles in the US in the future and we may be at the beginning of a significant change that might affect oil prices.
This might be something to keep an eye on.
Best,
Allen
