Industry News 
06.16.08
US Senate to Vote on Tax Extender Bill Again
Less than a week after failing to win a cloture vote on tax extender legislation...
06.13.08
European Commission Announces Biodiesel Complaint Against US
Today, the European Commission formally accepted the European Biodiesel Board’s ...
06.12.08
European Commission to Announce EBB Complaint Friday
The European Commission is expected to announce on Friday acceptance of the Euro...
06.11.08
US Energy Tax Extenders Package Fails in Senate
The US energy tax extenders package, which includes a one-year extension of the ...
06.10.08
Hawaii Considers Coconut for Biofuel
In Hawaii, higher gas and diesel fuel prices has increased demand for Pacific Bi...
06.09.08
Ethiopia to Build Biofuel Facilities
Ethiopian officials said on Monday the nation plans to produce biofuels to cut h...
06.06.08
New South Wales Adopts 2% Biodiesel Mandate
New South Wales, Australia will become the first Australian state to impose a bi...
06.05.08
Argentine Truckers Demand An End To Strike
Hundreds of Argentine truckers blocked rural roadways on Wednesday to demand an ...
06.04.08
China to Review 15% Biofuel Target
The Chinese government needs to create new policies to ensure that its 15% biofu...
06.02.08
GreenHunter Begins Biodiesel Production
GreenHunter Energy will begin commercial operations of its biodiesel facility in...
China Faces Fuel Supply Crisis
11.01.07
China raised domestic gasoline and diesel prices on Thursday, the first increase in 17 months, as officials respond to a worsening supply situation by easing losses at state refiners. The increase will raise gasoline prices by 9% and diesel by 10%.
Officials hope the price increase will spur refiners to boost production and imports, heading off shortages that have caused gas lines, widespread rationing, and at least one death.
The gap between local and global prices remains wide. Diesel costs about $0.64 a liter at the pump in Beijing, versus around $1 in Singapore and $2 in Britain. Tensions are mounting between the government and its increasingly independent oil firms over who should pay for fuel subsidies.
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