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Animal fat biodiesel to top half billion gallons by 2012?

Supply and demand is set to see biofuel feedstock prices climb dramatically if oil prices top the records seen in 2006. At $80 a barrel, the ethanol could bid $5 a bushel for corn, diverting the crops production away from food consumption to powering our vehicles. The same holds true for biodiesel with high oil prices resulting in high soy prices. But soy is hardly the only biodiesel feedstock as we've seen recently, and wholesaling for 60 percent of crude soy oil, tallow and rendered chicken fat could be the new game in town. Estimates put ... Read more →

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