Alternative Fuels No Fix-All

There is no silver bullet to solve the world’s future transport needs.
However, a mix of alternative fuels will likely play a role, said Ali Moshiri, Chevren Latin America president.
Moshiri, a University of Tulsa graduate, addressed about 400 people at the monthly Friends of Finance luncheon at TU.
Though current fuels like gasoline, diesel and LPG will be around for years to come, alternative fuels play increasingly important roles.
Liquefied natural gas, now in its infancy, will likely see bigger markets in 10 years, Moshiri said.
Markets are changing because consumption rates are climbing.
“We cannot continue using the level of consumption on the oil side without balancing it with a much cleaner-burning fuel like gas,” said Moshiri.

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