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Article: Summer Travelers Can Benefit from Biodiesel.
- Article from:
- PR Newswire
- Article date:
- May 23, 2008
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Copyright informationCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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National Biodiesel Board Says Don't Give Up on Energy Independence
JEFFERSON CITY, Mo., May 23 /PRNewswire/ -- As Memorial Day marks the unofficial start of the summer driving season, many would-be travelers are choosing to stick closer to home versus experiencing the pain of skyrocketing fuel prices at the pump. But as bad as fuel prices may seem now, they could be worse if it weren't for domestically produced, renewable biofuels such as biodiesel.
New data from the International Energy Agency show that global biofuels production has cut consumption of crude oil by 1 million barrels a day, offering savings of $120 million dollars a day. In addition, Merrill Lynch ...
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