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Bio Diesel News Tuesday September 12th 2006
Biofuels Come of Age as the Demand Rises
BARACK OBAMA is not a farmer, but he believes in biodiesel and the votes of farmers who produce soybeans and other crops for it. Senator Obama, Democrat from Illinois, spoke last month at an event to celebrate plans for a new biodiesel plant in Cairo, Ill. His presence was a welcome endorsement for a budding industry. On the day that Mr. Obama joined the Renewable Energy Group in announcing that it would build a 60-million-gallon-a-year refinery, the company said it had garnered $100 million in financing, the largest equity investment in biofuels so far.
Biodiesel to drive up the price of cooking oil
If you think the high price of gas has been irritating, wait until you see the cost of french fries. The popularity of biodiesel--made from vegetable matter intead of fossil fuels--"will tighten the supply of vegetable oils," William Camp, executive vice president of Archer Daniels Midland, said during a presentation at the ThinkEquity Partners Growth Conference in San Francisco. Because agricultural prices typically fluctuate with supply levels, the vegetable oil shortage could cause food prices to rise.
Biodiesel to change in history of farming: B.C. Minister
With the high cost of oil on the world market, B.C. Agriculture Minister Pat Bell believes biodiesel is the answer for consistent fuel prices and flagging farmers' profits. Biodiesel is a non-toxic, renewable fuel - essentially a vegetable oil that can be easily used in most diesel-fired trucks and cars. Bell said Monday that opportunity is knocking for canola farmers in British Columbia.
Bio-fuel heat: More than just a little hot air for your home
Last week Barrie Hewstan cleaned up his garage, Monday he started cleaning up the environment. Hewstan, a real estate agent and volunteer with the Land Conservancy Society, was the first homeowner in B.C. to make the switch from heating his home with oil to BioHeat, a mixture of pure bio-diesel and conventional home heating oil. At the front of his pristine garage in Uplands, scoured this week for the media event, Columbia Fuels topped off his oil heating tank with BioHeat - a mixture of 80 per cent conventional oil and 20 per cent bio-diesel made from soybean oil. The mixture is cleaner burning, features virtually no sulphur, and works as well as normal heating oil.
Georgia working with peanuts as biodiesel source
The primary oil used in the U.S. to make biodiesel fuel is soy oil. Peanut oil produces approximately 123 gallons of biodiesel per acre, compared to 50 gallons for soy oil. The problem is peanut oil on the world market is more valuable than soy oil, making conversion to biodiesel economically impractical.
Primedia Business - Southeast Farm Press, Click Here! Tests are under way at the University of Georgia to develop non-edible peanuts that are high in oil, and could be grown specifically for biodiesel production. These varieties are higher in oil content than currently grown runner and Virginia type varieties and would not compete on the world market with peanuts grown for food and commercial cooking oil products.
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