Sons And Daughters Of BBCMF Energy: Oil, Gas - Companies/Research, Domestic & Foreign.

[mick]

hi GS, this came out today.

O2Diesel developing new fuel for Department of Defense (OTD) 1.36 -0.13 : Co announces it is now under contract to develop a new cleaner burning alternative diesel fuel for the U.S. Department of Defense. This new fuel will help to comply with Executive Order 13149 which requires federal agencies with fleets of 20 or more light, medium, and heavy-duty on-road vehicles in metropolitan areas to reduce their petroleum consumption by 20%. The fuel will be composed of at least 20% renewable sources including the company's patented and proprietary natural oil based solubilizing additive -- O2D05. This fuel, when finalized, will help the Department of Defense facilities meet local air quality requirements and strengthen its commitment to reducing the USA's dependency on foreign oil imports. The co has received a contract for $800,000 in DoD appropriations to perform this research. This and similar funding has enabled the co to be recognized for its emissions benefits and petroleum displacement opportunities in the growing and highly-segmented 55 billion gallon per year U.S. diesel fuel market.