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| BIOGREEN FUELS CORP. |
BIODIESEL 101
Biodiesal is made from sustainable renewable resources that are abundant and available right here in the
United States. It is made from plant oils, animal fats and even recycled grease and works in conventional
diesel engines, with one major exception - biodiesel significantly reduces harmful emissions.
A Proven Alternative Fuel
One of the fastest growing alternative fuels that we can make right here at home while making our environment
cleaner and helping to grow the economy.
The Sustainable Fuel of the Future is Here
Biodiesal is made from sustainable renewable resources that are abundant and available right here in the
United States. It is made from plant oils, animal fats and even recycled grease and works in conventional
diesel engines, with one major exception - biodiesel significantly reduces harmful emissions.
A Proven Alternative Fuel
- Replaces tens of millions of barrels of petroleum
- Added $4 billion the U.S. economy last year
- Reduces carbon monoxide, hydrocarbons and other harmful emissions
One of the fastest growing alternative fuels that we can make right here at home while making our environment
cleaner and helping to grow the economy.
The Sustainable Fuel of the Future is Here
- Meeting the need for environmental awareness, economic prosperity, and quality of life without
compromising future generations.
- Environmental stewardship via maximizing net energy balance and minimizing negative impacts on
natural ecosystems, globally and locally.
- Adds value, creates wealth, and enhances quality of life for the entire community of stakeholders.
Don't Give Up on Energy Independence
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 commodity strategist Francisco Blanch says that oil and gasoline prices would
be about 15 percent higher now if biofuel producers were not increasing their output. The biodiesel industry is
playing a key role in helping to address many of our nation’s economic, environmental and energy security
woes.
According to the U.S. Energy Information Administration, the major factors contributing to the rising cost
of regular petroleum diesel fuel include:
Biodiesel is uniquely positioned to offset all of these costs in the following ways:
In 2007, U.S. biodiesel production hit the 500 million gallon mark, displacing 20 million barrels of petroleum
imports, while also creating 21,803 new jobs nationwide and adding $4.1 billion dollars to the U.S. Gross
Domestic Product (GDP). In addition, biodiesel reduces lifecycle greenhouse gas emissions by up to 78%,
while producing 3.5 units of energy for every 1 unit of energy it takes to make the fuel.
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 commodity strategist Francisco Blanch says that oil and gasoline prices would
be about 15 percent higher now if biofuel producers were not increasing their output. The biodiesel industry is
playing a key role in helping to address many of our nation’s economic, environmental and energy security
woes.
According to the U.S. Energy Information Administration, the major factors contributing to the rising cost
of regular petroleum diesel fuel include:
- Rising cost and restricted supply of crude oil
- Tight refining capacity due to growing domestic and international diesel fuel demand
- Increasing transportation costs
- Higher costs associated with the required U.S. transition to Ultra Low Sulfur Diesel fuel
- Higher federal excise taxes on diesel fuel compared to gasoline.
Biodiesel is uniquely positioned to offset all of these costs in the following ways:
- As a drop-in replacement for diesel fuel, biodiesel blends can extend our diesel fuel supply. If we
replaced 5 percent of our on-road petroleum diesel fuel with biodiesel, this would replace about 1.85
billion gallons of diesel fuel a year, or the entire amount of diesel fuel currently refined from crude oil
imported from Iraq.
- Biodiesel provides additional U.S. refining capacity. The U.S. biodiesel industry is currently
- equipped with more than 2 billion gallons of installed production capacity from 171 plants across 40
states. This wide geographic spread of biodiesel production facilities helps to bolster our national
energy security, as well as soften the blow of negative events impacting the existing oil refining industry,
such as the Gulf of Mexico hurricanes that caused diesel prices to soar in 2005.
- Biodiesel is produced throughout the U.S. and can be used locally, helping to lower transportation
costs. With nearly 3,400 biodiesel retailers and distributors located in all 50 states and in close
proximity to biodiesel producers, consumers can benefit from lower transportation costs to move the
fuel from the producer to the retail pump.
- Biodiesel Improves the performance of Ultra Low Sulfur Diesel fuel (ULSD) without the need for
costly lubricity additives. The removal of sulfur from ULSD fuel to meet federal mandates results in
much lower lubricity values for the ULSD fuel, potentially causing excess wear and tear on engines.
However, the use of biodiesel even in blends as low as B2 (2% biodiesel blended with 98% petroleum
diesel) completely restores that lost lubricity and improves engine life and performance.
- The Federal Excise Tax Credit for Biodiesel helps make biodiesel blends more cost competitive.
This tax credit provides a $1 per gallon incentive to biodiesel blenders, helping to bring the cost of
biodiesel to consumers in line with, or in some markets lower than, the cost of diesel fuel.
In 2007, U.S. biodiesel production hit the 500 million gallon mark, displacing 20 million barrels of petroleum
imports, while also creating 21,803 new jobs nationwide and adding $4.1 billion dollars to the U.S. Gross
Domestic Product (GDP). In addition, biodiesel reduces lifecycle greenhouse gas emissions by up to 78%,
while producing 3.5 units of energy for every 1 unit of energy it takes to make the fuel.
| The Last Fair Deal in the Country... |
Biodiesel Cost
The cost of biodiesel
is higher than diesel
fuel. Currently, there
are seven producers
of biodiesel in the
United States. Pure
biodiesel (100%)
sells for about $1.50
to $2.00 per gallon
before taxes. Fuel
taxes will add
approximately $0.50
per gallon. A mix of
20% biodiesel and
80% diesel will cost
about 15 to 20 cents
more per gallon over
the cost of 100%
diesel. Some
suppliers are selling
a 2% biodiesel mix
at the same price as
diesel, but this price
will probably not
continue into the
future. A more
realistic price would
be about 1 to 2 cents
more per gallon than
diesel. These prices
would be more
attractive to people.
The U.S. Department
of Energy is working
with the biodiesel
industry to reduce
the cost of biodiesel.
A subsidy for the
industry similar to
that for other
alternate fuels may
be needed to
promote the fuel.
Improvements in
processing along
with the use of waste
cooking oil as a raw
material may help
reduce costs.
The cost of biodiesel
is higher than diesel
fuel. Currently, there
are seven producers
of biodiesel in the
United States. Pure
biodiesel (100%)
sells for about $1.50
to $2.00 per gallon
before taxes. Fuel
taxes will add
approximately $0.50
per gallon. A mix of
20% biodiesel and
80% diesel will cost
about 15 to 20 cents
more per gallon over
the cost of 100%
diesel. Some
suppliers are selling
a 2% biodiesel mix
at the same price as
diesel, but this price
will probably not
continue into the
future. A more
realistic price would
be about 1 to 2 cents
more per gallon than
diesel. These prices
would be more
attractive to people.
The U.S. Department
of Energy is working
with the biodiesel
industry to reduce
the cost of biodiesel.
A subsidy for the
industry similar to
that for other
alternate fuels may
be needed to
promote the fuel.
Improvements in
processing along
with the use of waste
cooking oil as a raw
material may help
reduce costs.
| (Updated 5/18/10) |
BIOGREEN FUELS CORP.
| The ONLY LI Company to offer BioHeat to ALL customers – at a discount! |