Results for tag: "Road Transportation Fuel"

The Road Transportation Fuel market is composed of two main types of fuel: gasoline and diesel. Gasoline is a petroleum-based fuel used in most passenger vehicles, while diesel is a heavier fuel derived from petroleum and used in larger vehicles such as trucks and buses. Both fuels are widely used in the transportation sector, providing the energy needed to power vehicles. Gasoline is typically more expensive than diesel, but it is also more efficient and produces fewer emissions. Diesel is more cost-effective and produces more power, making it the preferred fuel for larger vehicles. Both fuels are subject to government regulations, such as fuel taxes and emissions standards, which can affect their availability and cost. The Road Transportation Fuel market is highly competitive, with many companies offering a variety of fuels and services. Major players in the market include ExxonMobil, BP, Shell, Chevron, Total, and Valero. Other companies, such as Marathon Petroleum, Phillips 66, and Sunoco, also have a presence in the market. Show Less Read more