Oil and Gas

Replacing Oil: Alternative Fuels and Technologies

Alternative fuels, known as non-conventional or advanced fuels, are any materials or substances that can be used as fuels, other than conventional fuels like; fossil fuels (petroleum (oil), coal, and natural gas), as well as nuclear materials such as uranium and thorium, as well as artificial radioisotope fuels that are made in nuclear reactors.

Most experts look to alternative fuels and technologies as promising complements to petroleum in the near term and likely substitutes in the long term.  If alternative energy sources are to compete effectively with petroleum, they must be price competitive, perform well with existing ICE technology, or be packaged with a new motor entirely, probably an electric one.