Industry News 
05.06.09
EPA Releases Proposed RFS2 Ruling
On Tuesday, US EPA released its proposed Renewable Fuels Standard (RFS2). Among...
05.04.09
US And Brazil Create Biofuels Education Network
The US Department of State and the Fulbright Commission, Brazil, are creating th...
05.04.09
Study Finds Plastic Increases Biodiesel Power Output
A study by Iowa State University and the US Department of Defense has demonstrat...
05.04.09
Innovation Fuels Begins NY Biodiesel Shipments
Innovation Fuels has begun regular barge shipments of biodiesel to New York City...
05.01.09
FedEx to Use Biodiesel In Jets
FedEx plans to fuel its jets with a 30% biodiesel blend by 2030. The company is...
05.01.09
Minnesota Biodiesel Mandate Begins Friday
Beginning Friday, Minnesota's biodiesel mandate will increase to 5% as outlined ...
04.29.09
Five Brazilian Biodiesel Plants To Begin Operating
Five small biodiesel plants will begin operation in northeastern Brazil. The pla...
04.29.09
Camelina Jet Fuel Achieves 84% Carbon Reduction
Montana-based Sustainable Oils, a joint venture between Targeted Growth and Gree...
04.29.09
Missouri Approves Budget Including Biodiesel
The Missouri Senate approved the state agriculture budget including biodiesel an...
04.27.09
Biodiesel Plant To Begin Operating in Mongolia
Inner Mongolia Jinjiao Special Materials Co. expects to put a 100,000 mt per yea...
Goldman Sachs Forecasts $105 Bbl Oil in 2008
02.08.08
The commodities chief at Goldman Sachs warns that vulnerable regions of the world face the risk of famine over the next three years if rising energy costs spill over into a food crunch.
Goldman Sachs forecasts that oil will be priced at $105 a barrel by the end of 2008 and warns of a ‘crisis mode’ across the commodity complex in the next 18 to 36 months.
World oil production has been stagnant for four years, failing to keep up with increasing demand from Asia and the Mideast, and biofuels are helping to plug the gap, taking crops away from food production. Land use for biofuels has surged from 12 million ha to more than 80 million worldwide over six years, and while biofuel provides 3% of world energy needs now, this will rise to over 10% by 2030, Goldman says.
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