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This article summarizes the problem biofuels is having due to low oil prices.

When it was written on Jan 2, oil prices were in the $60-65 range. Now they are in the $45-50 range.

What Does $60 Oil Mean for the Biofuel Industry?
Oil prices in the 60s — what does that mean for the global economy, energy markets, and alternative fuels in the short-term and long-term?

Jim Lane, Biofuels Digest
January 02, 2015 | 35 Comments

As if tough financing conditions and policy instability weren’t worrying enough for many observers, along comes a crash in global oil prices.

One of the U.S.-based Digesterati writes:

Most of the biofuels projects that I have worked on in the last 5 years have based their proformas on an $80/barrel oil price. With the recent dip and worldwide 'power play,' I feel that investors as well as Boards of Directors will be really re-evaluating their business models, with most going overseas to markets that do not have the abundant reserves that we do.

If we can make biofuels at a competitive price at $60-$70/barrel, they will be the big winners but I don’t see that happening. I feel that chemicals will be the big winners right now. I am working on a couple of feasibility studies around biofuels and it is hard for me to come up with an independent conclusion that will be credible, too much US political risk, economic risk, and international political risk.

http://www.renewableenergyworld.com/rea/news/article/2015/01/what-does-60-oil-mean-for-the-biofuel-industry