A newly developed “bio-gasoline” product from XcelPlus enables internal combustion gasoline engines to run on natural oils like soybean and vegetable oil. XcelPlus is offering a “Biolene” additive that enables producers and consumers of biodiesel to convert the biofuel so it’s suitable for use in any gasoline powered engines. The company says the new product means home blenders can expect …
Canadian House Passes Biofuels Standard
Members of the Canadian House of Commons have passed a nationwide biofuels standard that is expected to create demand for an estimated 500 million gallons of ethanol and 150 million gallons of biodiesel. The standard is noteworthy considering that Canada has oil reserves only second to Saudi Arabia and is the largest supplier of U.S. foreign energy sources (including oil, …
“Thumbs” Up for Michigan Biodiesel Plant
A $65 million combination biodiesel-soybean crushing plant is being planned for the area of Michigan known as “the Thumb.” Despite rising costs for soybean oil, Bill Moran thinks his Huron Biofuels plant proposed for near Elkton, MI can make a go of crushing soybeans and selling the feed to local dairy farmers while having the option of turning the oil …
Analyst: High Oil Prices Good for Biofuels
While the rising price of crude oil might be taking a chunk out of your wallet, one analyst says it’s good news for ethanol and biodiesel. In this story on Grainnet.com, University of Illinois Extension marketing specialist Darrell Good made the comments while reviewing factors supporting the price of corn and soybeans: “Higher ethanol prices and strengthening prices of distillers …
New Mexico Gov Helps Open Biofuels Center
New Mexico Governor Bill Richardson helped open a new center that will feature renewable fuels. According to this company press release, Richardson filled up the Cummins-Blue Sun Biodiesel dragster this weekend at the Nambe Falls Travel Center in Santa Fe… a Blue Sun Biodiesel complex that includes retail and wholesale sales of the green fuel: The Nambe Falls Travel Center …
EU Asking Biodiesel Questions
The European Union wants more information about U.S. subsidies on biodiesel. The inquiry stems from a European Biodiesel Board (EBB) complaint at the end of April that American subsidies were unfair trade practices (see my April 25th post). Now, according to this Reuters story, the EU is formally looking into the EBB charges: “The Commission is in contact with the …
Florida Official Calls for Gas Price Investigation But Supports Ethanol
Florida Agriculture and Consumer Services Commissioner Charles Bronson is calling on Congress and the Bush Administration to launch full and thorough investigations into skyrocketing fuel prices. “We’re being taken for a ride, and the evidence is everywhere, from the escalating prices we pay to fill up our vehicles with gasoline to the purchase of virtually all consumer goods,” Bronson said. …
U.S.’s Largest Biodiesel Refinery to Open Soon
The nation’s single largest biodiesel plant to date is set to open in early June. GreenHunter Energy’s 105 million gallon “white-water” B100 plant is planned to open on June 2nd at the company’s Houston location. According to this press release, several federal, state and local officials, including Texas Governor Rick Perry, U.S. Dept. of Energy Deputy Secretary Jeff Kupfer, and …
NBB: Biodiesel & Ethanol Help Your Wallet
The National Biodiesel Board wants to remind Americans as they get on the road for the long, Memorial Day Weekend, that biofuels… biodiesel, in particular… are helping keep the price of a gallon of fuel from carving out an even larger portion of your wallet. The NBB cites new information from the International Energy Agency that says that, globally, biofuels …
Evidence that Ethanol Works
The ethanol industry in Brazil has been developing some major traction. Marcos Jank, President of UNICA, says the demand for ethanol in Brazil is now matching that of the demand for gasoline. He says ethanol is gaining ground and Brazil “won’t move back to gas.” Marcos was one of seven speakers at today’s Ethanol Summit held at the Indianapolis Motor …