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New study expects a bio-diesel production glut in the near future

As bio-diesel increases in popularity, producers are jumping on the bandwagon faster than ever. According to a new study conducted by Ralf Gubler, vice-president of SRI Consulting, all of this production is expected to lead to a glut during 2007 as new plants come online. New production facilities are being built all the time with larger and larger capacities. Overall, Gubler is pessimistic about the prospects for biodiesel, and expects consumption to peak in 2006-2007 even as more supply becomes available. That's expected to drive down prices ... Read more →

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