SPECIAL REPORT: Alternative fuels gaining transport market share

12/04/2006
With the petroleum industry under political pressure to market cleaner fuels and refineries operating near capacity rates in the face of rising demand, markets for conventional and alternative transportation fuels appear robust.Gasoline and diesel command the lion’s share of the transportation fuel market, but alternatives are expanding.“Ethanol and biodiesel technologies should allow for the displacement of 5-10% of current [gasoline and diesel] consumption,” said analysts at Simmons & Co. International in a recent report. “Future technologies, such as cellulosic ethanol, could allow displacement of nearly 30%. Overall, we expect compelling growth from alterna...
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