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17

Chevron Launched New Diesel Fuel

Chevron Corp. has launched a new diesel fuel with advanced cleaning additives at 48 gas stations in California

Chevron Corp. has launched a new diesel fuel with advanced cleaning additives at 48 gas stations in California, the company said Wednesday.

The oil company formulated the product in response to expectations that more fuel-efficient, light-duty diesel passenger vehicles will become more popular. Diesel engines produce more power from the same amount of fuel and have 20 percent to 40 percent better fuel economy, Chevron said.

Chevron's "Techron D" additive helps clean a vehicle's fuel injectors to keep an engine running properly and efficiently, the company said. Chevron will market the fuel in the Sacramento area in coming weeks.

Chevron shares fell $2.56, or 3 percent, to $83.56 in afternoon trading.