I thought a lot about reducing truck energy usage. The basic problem is for any real reduction (greater than 10%) of trucking fuel demand, it would take a long time to happen.

The problem is they have already tried a lot of energy reduction. When a 300 gallon tank costs $1200, they think of what they can to reduce that price. Speaking with truck drivers, they don't have options when it comes to reducing fuel use. The best one is driving slower, which will move some of them from 6.5 mpg to 7 mpg. However, it would reduce the amount of freight a trucker could deliver and thus the profit. It is not a very good option for them. Even if it did happen, it would only drop highway truck consumption by ~5% (going from 75 to 55) and less freight would be delivered.

When it comes to replacing trucks with hybrid versions, there are a few problems. Hybrid trucks are really expensive ( 100k or more than a same model diesel ), don't save much fuel (0% highway, 10-20% city) so they are not cost effective. Also, there really aren't many on the market. Full battery electrics are not feasible with todays technology, not an option.

On the flip side, nearly 50% more of us could take a bus/subway or ride a bike to work 3 out of 5 days a week. 10% more of us could telecommute 3 out of 5 days a week. 75% of the SUV's and trucks on the road could be replaced by economy cars (yes I know, this would take a long time, and is unlikely). We could be moved to the 4 day work week. On top of that, there are many (15+ models from major manufactures) PHEV and EV's coming onto the market within the next 5 years (and yes I drove one, they are good commuters).

Bottom line, within 5 Years, I believe that gasoline demand could drop by 25%, easily. However, diesel demand would be struggling to drop by 10%. There are just way more alternative to gasoline than there are to diesel.

Even if it did happen, it would only drop highway truck consumption by ~5% (going from 75 to 55) and less freight would be delivered.

Five percent seems way too low for the speed change. Got any actual data?

This article says going from 65 to 75mpg raised fuel consumption
by 27%!

http://www.greencarcongress.com/2008/05/us-trucking-ind.html

This article says going from 65 to 75mpg raised fuel consumption by 27%!

That's probably true in general. Air resistance increases roughly as the square of speed, and so is 33% higher at 75mph than 65mph.

Wyoming, above, suggested a 20% reduction in consumption from the 30% lower wind resistance at 55mph vs. 65mph, which also seems reasonable, as one would expect non-wind factors to be larger at lower speeds.

Either way, though, there are quite substantial fuel savings to be had from reducing speed a modest amount.