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Recently John Hofmeister, the former president of Shell, now the leader of a non-profit group referred to as Citizens for Affordable Energy, explained he expects U.S. gas costs to hit $5.00 per gallon by November 2012 mostly because of increased demand for petrol globally particularly in nations like China.

In fact AutoNation CEO Mike Jackson has spoken out and calls it the “freak out point.” It’s the price for a gallon of gas at the moment customers will panic and make a careful decision to change their driving routines, the kind of automobile or truck they will buy, or maybe decide not to get at all.

When gasoline prices spiked in 2008, folks started freaking out when gas reached $4.00 a gallon. It eventually topped off at $4.11 in July of that summer season.

Now, Jackson is convinced the panic point is higher, nearer to $4.50 or 5.00 a gallon. Now you ask , what are you going to do to prepare for this non-nogotiable hike in gasoline costs we all have to contend with?

Making bio-diesel at home has been a well-known alternative for numerous people around the world. Biodiesel machines enable you use from home, and are safe and efficient, with 5 hours of time you’ll be able to make 45 gallons of fuel for your own vehicles from home.

What if gas prices do surge to $5.00 a gallon, are you willing to change your automobiles to diesel power to save money? At the time of this article writing you can actually get a 1987 Mercedes 300D Turbo Diesel, autotomatic, cold a/c, new battery, new waterpump, 210 miles, well kept, clean, mechanically sound, for only $1600.00

Is the cost of a diesel engine vehicle along with a biodiesel kit worth it to have energy independance for you and your family? Sure it is! gasoline costs are projected to only go up within the next 24 months never to return to the $3.00 dollars a gallon we now enjoy.

Books like the encyclopedia of making bio-diesel at Home will help you thoroughly comprehend the process of making biodiesel, even If you have never made biodiesel before, even If you don’t know the distinction between a biodiesel processor from a food processor books like this will show you how to get started.

Making bio-diesel at home is an easy, proven solution that is so easy, anyone can do it and begin saving money right now while guarding against the rising price of fuel.

Source National Biodiesel Board
The U.S. House has approved H.R. 4213, the American Jobs and Closing Tax Loopholes Act of 2010, by a 215 to 204 margin (the second portion of the divided question adding a provision pertaining to Medicare physician payment updates was also adopted). The legislation retroactively extends the biodiesel tax incentive through December 31, 2010.

U.S. Senate Majority Leader Harry Reid (D-NV) has indicated his desire to have the U.S. Senate consider tax extender legislation when the U.S. Senate reconvenes the week of June 7, 2010.

Both the U.S. House and U.S. Senate will be adjourned the week of May 31, 2010. NBB’s Washington, DC office will continue to provide timely updates as events warrant when Congress reconvenes the week of June 7.

Biodiesel Public Policy Benefits: The biodiesel tax incentive has helped achieve the worthwhile policy goal of increasing the production and use of biodiesel in the U.S. In 2004, when the incentive was initially enacted, the U.S. produced 25 million gallons. In 2009, that number rose to 545 million gallons. There are compelling public policy benefits associated with the enhanced production and use of biodiesel in the U.S. Among the most are:

* The Biodiesel Industry is Creating Green Jobs and Making a Positive Contribution to the Economy;
* Biodiesel is Good for the Environment, reducing carbon pollution by up to 85 percent, according to the EPA;
* Biodiesel Reduces our Dependence on Foreign Oil.

The biodiesel tax incentive has helped achieve the desired goal of increasing the domestic production and use of biodiesel, and in turn has helped the U.S. realize the energy security, economic and environmental benefits associated with displacing petroleum with domestically produced renewable fuels. These benefits, however, will be lost if Congress does not act in a timely manner to address the immediate issue facing the industry and retroactively extend the biodiesel tax incentive.

What Can You Do?

Do you think Congress should reinstate the biodiesel tax incentive and continue to realize the economic, energy secur ity and environmental benefits that come from the production and use of biodiesel?

If your answer to this common-sense question is “yes,” then you should contact your Federal Elected officials immediately about this issue. For your Congressman, click HERE and for your Senators click HERE to get the contact information to reach out to your elected officials on this important issue.

Thank you for your support of biodiesel.

Turning turning algae into fuel, i.e. algal oil, on a commercial scale, could become one of the most significant technological and economic events of the early 21st century. If this feat is accomplished, and it’s not certain it will be, it will have dramatic, disruptive consequences to oil producers, oil refiners, ethanol, biodiesel, jet fuel and other biofuels producers, biotechnology companies, agricultural producers, consumers, motor vehicle makers, regulators, R&D activities and investors, among others. However, from this change will come enormous opportunities, including less dependence on petroleum oil, more geopolitical independence, reductions in CO2 and global warming, technological advancements, very large, new industries and markets, and huge profits. This is according to a recent report from Amadee+Company: Algae For Fuel, Algal Oil, Biofuels, Biodiesel, Ethanol And The Future Of Petroleum And Green Energy: Global Markets, Technologies, And Opportunities: 2009-2020 Analysis and Forecasts.

Algae for fuel is an emerging, third-generation biofuel, which is still several years away from commercialization. Both the concept of algal oil, the amount of investment in the space, the news on the subject and public interest have grown dramatically over the last year. To date, there has been no significant production of algal oil, however, it is moving from the proof of concept phase into commercialization.

The challenge for algal oil is not technological, but process driven: the science of making algal oil is well understood, how to make it cheap enough to compete with existing refinery products is not. But, algal oil is at an inflection point similar to that seen in the past with the wind and solar industries, where scale and ongoing technology improvements led to large cost reductions.

Since algal oil offers a direct potential replacement for petroleum and plant-derived oils, the market opportunity is tremendous. Global petroleum oil production is estimated at 4.73 trillion liters, worth $1.94 trillion, in 2009. By comparison, global production of biofuels in 2009, now primarily biodiesel and ethanol, is estimated at approximately 100 billion liters, worth $166 billion. Biofuels, currently represent about 2% of the petroleum oil market on a volume basis and 8.5% on a value basis. By 2020, they are forecast to equal 3.6% of the oil market in terms of volume and 14.7% in terms of value. By comparison, algal oil production in 2009 is so small it’s not meaningful in terms of ethanol and biodiesel production. However, it’s clear the opportunity for algal oil is huge.

Already, more than 200 companies are trying to commercialize algae for fuel. Most are small, private companies without much capital. But there are many large ones as well including: ExxonMobil (joint venture with Synthetic Genomics), BP (JV with Martek Biosciences Corp.), Dow Chemical, Shell Oil, Ingrepro B.V., SAIC, and UOP LLC (Honeywell) among others.

The report provides a review of algae in terms of biology, classifications, photosynthesis and applications and discusses algae for fuel in terms of its history, applications, cultivation technologies and R&D. Analysis of the algal oil market in terms of its advantages, challenges, production costs, scale-up, market opportunity and sector investments is given. The biofuels market in terms of technology generations, market drivers, industry consolidation, next generation technologies, fuel standards, winners/losers, government policies, the oil majors, capital costs and future outlook is discussed. An analysis of the biodiesel market as regards production technology, end use, global production, addressable market, feedstocks, market conditions, environmental controversies, jatropha oil and major players is given. An analysis of the ethanol market in terms of first, second and third generation technologies, food vs. fuel, global production, risks and opportunities, government incentives and major players is provided. Profiles of 56 major players in the algal oil market are given and 175 biofuels, ethanol and biodiesel companies and organizations are discussed. More information.