The rise of cheap liquefied natural gas is driving the demand for trucks powered by the fuel – at least in China, according to the Financial Times. That uptick in LNG-powered shipping appears to be contributing to a major drop in diesel usage in the country, so much so that China may now be past peak diesel demand.
Matt Smith, energy analyst for Kpler, spoke with the Standard about what’s behind the shift and whether we could see similar trends in the U.S.
