China may take the lead, along with the trucking sector, in the transport shift from oil to natural gas and liquefied natural gas, a report from IHS finds. Michael Stoppard, chief gas strategist for the consultant firm, said lower crude oil prices have taken the spotlight off the pursuit for natural gas as an alternative transport fuel. “Nonetheless, the shift to greater use of gas in trucks is set to continue,” he said in an emailed statement. “It is widely accepted that power generation is the primary growth market for natural gas demand, but gas as a fuel offers a new market with potentially more value.” While passenger vehicles and trucks are comparable in terms of oil consumption, the study finds truck […]