News Focus
News Focus
Followers 0
Posts 4797
Boards Moderated 0
Alias Born 04/10/2008

Re: LuckyHound post# 59817

Tuesday, 12/15/2009 8:25:10 PM

Tuesday, December 15, 2009 8:25:10 PM

Post# of 68510
Capacity is no help! Intentions to double capacity - even less. Nothing new of any value in the PR - FLUFF.

Two-thirds of U.S. biodiesel production capacity now sits unused, reports the National Biodiesel Board. Biodiesel, a crucial part of government efforts to develop alternative fuels for trucks and factories, has been hit hard by the recession and falling oil prices.

Earlier this year, GreenHunter Energy Inc., operator of the nation's largest biodiesel refinery, stopped production and in June said it may have to sell its Houston plant, only a year after politicians presided over its opening. Dozens of other new biodiesel plants, which make a diesel substitute from vegetable oils and animal fats, have stopped operating because biodiesel production is no longer economical.



BUSINESS AUGUST 27, 2009
http://online.wsj.com/article/SB125133578177462487.html
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y