Here’s another diesel we won’t see in the States at least for awhile. From DueMotori.com

A newly developed four-cylinder diesel engine, featuring third-generation common-rail fuel injection, will expand the successful BMW X3 model range in November. Widely lauded for its superior agility and driving dynamics, the BMW X3 now also offers top marks in its segment for fuel efficiency.

The new BMW X3 2.0d, which is being offered for the first time in Australia, is the second BMW model, following the recently updated 120d, to benefit from the new all-aluminium four-cylinder diesel.

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This is a very interesting read. Written by Clive Matthew-Wilson it presents a very logical and well thought out world view on oil prices now and in the future. The article comes from just-auto.com and it’s fairly long but worth the read.

There are only two factors driving up oil prices: supply and demand. Supply is restricted as oil becomes harder to find, and demand is growing due to the rise of China, which is now one of the world’s largest users of oil.

Analysts are predicting that global demand for oil could exceed supply by as soon as 2015. However, the situation is not quite as simple as the newspapers make out. First, the world isn’t running out of oil; it’s running out of cheap oil. Canada alone has an estimated 180 billion barrels of recoverable oil, enough to meet global demand for the next century or so.

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