A novel way to create an ultra-clean fuel for cars that uses natural gas instead of oil is on the verge of rapid growth, analysts say, driven by soaring oil prices and a thirst for alternative fuels. Oil companies are investing billions of dollars in the nascent technology, called "gas-to- liquids" or GTL, which can be used to produce quality diesel and a range of other products normally derived from crude.
(FT, 05/03/06)
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