Nation's Advanced Biofuel to Break Records This Year
Top 10 Biodiesel Announcements to Watch for in 2011
PHOENIX, Feb. 9, 2011 /PRNewswire-USNewswire/ -- The National Biodiesel Conference & Expo wraps up today leaving attendees with many reasons why the future is bright for biodiesel. 2011 promises to set a record pace for biodiesel. Here's why:
- Record biodiesel sales. Petroleum companies and other obligated parties are using biodiesel, America's first commercial-scale Advanced Biofuel, to fill the Renewable Fuel Standard (RFS2) requirements set by the Environmental Protection Agency. RFS coupled with the reinstated biodiesel tax incentive will make biodiesel sales climb.
- Greater Awareness that Advanced Biofuel Equals Biodiesel. Expect to hear and read about why biodiesel is an optimal Advanced Biofuel. With 2.5 billion gallons of existing plant capacity, biodiesel is here now!
- Bioheat®: HeatingOil.com reports the green fuel for warm living will be in the top five stories for 2011.
- More BQ9000 Labs and Volumes. Expect even more biodiesel producers and marketers to participate in the BQ-9000® accreditation that combines ASTM D6751, and a quality systems program.
- Original Equipment Manufacturers (OEM) Ramp Up Biodiesel Support. Ford, GM and Chrysler already support B20 or higher in some of their equipment--more news to come.
- Fleets as Biodiesel Fans…AMERICAN IDOL's biodiesel-fueled tour bus will be one of many to transport winners as more fleets across the nation take advantage of the emissions and other benefits of cleaner-burning biodiesel.
- Watch for states to implement pro-biodiesel policies. States are eyeing the biodiesel requirements in states like Minnesota, Pennsylvania as well as New York's air quality bill that includes a provision to ensure that cleaner burning Bioheat® is used within the city for heating homes and buildings.
- Pipelines Plus Biodiesel. European pipelines have transported B5 for many years. In the U.S., Kinder Morgan has successfully transported biodiesel in pipelines that can expand markets for biodiesel.
- Higher Oil Prices. Fuel users will look to biodiesel in a year when the U.S. Energy Information Administration expects the price of West Texas Intermediate crude oil to average about $93 per barrel, $14 higher than the 2010 average price.
- Even More Scientific Support for Biodiesel. More than 200 scientists, including Next Generation Scientists, have already gone on record for biodiesel's benefits.
Additional information about biodiesel is available online at www.biodiesel.org
SOURCE National Biodiesel Board
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