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April 25, 2006
Countdown To The U.S. Biodiesel Explosion
After reading this at Gristmill I decided to make a quick biodiesel report. 2005 biodiesel production in the U.S. was 75 million gallons, compared to 2004's production of 25 million gallons. I'd say that's some nifty growth but nothing close to what will soon come.Ultra-low sulfur (ULS) diesel fuel which will be in your neighborhood gas station (if you live in the US) by this September is the catalyst of the explosion. ULS diesel needs a lubricant, and it looks like that lubricant will be biodiesel. This is how the biodiesel explosion will play out. And we now know that B2 (2% biodiesel mixture) will be used. So, expect biodiesel use in the U.S. to go from 75 million gallons per year in 2005 to 748 million gallons per year in 2007-2008. Now that's some nifty growth and it will put the U.S. miles ahead of Germany as the top biodiesel producing nation (if producers can actually keep up with demand). Know of any public biodiesel companies?
Posted by dymaxion at April 25, 2006 03:31 PM