February 2007

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HP Viewpoint: Renewable biofuels are here to stay

Our dependence on foreign oil is not only an economic issue, but also raises concerns on national security. The US must be proactive in reducing its dependence on traditional fossil fuels and in devel..

Spence, W. C., Galveston Bay Biodiesel, L.P.

Our dependence on foreign oil is not only an economic issue, but also raises concerns on national security. The US must be proactive in reducing its dependence on traditional fossil fuels and in developing a robust renewable portfolio. While there is no one solution for replacing fossil fuels, renewables such as biodiesel can extend supply, provide benefits to the environment and foster total US economic growth. A new vision for growth. For years, the US biodiesel market has been agriculturally driven by relatively small companies and farm cooperatives. Now, large-scale producers, like BioSelect Fuels, are emerging and investing in large-scale sites—with lower cost logistics and the v

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