| Biodiesel — soy-based diesel fuel is not new. In fact, biodiesel activities date back to the late 70’s and early 80’s. Since the OPEC oil embargo of 1973 a significant amount of research on biodiesel and other domestically produced fuel has been conducted by various universities, government agencies, and research organizations.
The general conclusion is that biodiesel is a technically acceptable substitute, replacement, or blending stock for conventional petroleum diesel, but that its cost may only make economic sense where alternative fuel vehicle purchases are required by Federal law and where alternative fuels are required by law to be used by certain regulated fleets.
Energy Policy Act (EPACT) regulations require certain fleets to purchase alternative fueled vehicles and to consume alternative fuels. Now fleets can receive one vehicle compliance credit for each 450 gallons of biodiesel consumed in medium and heavy duty diesel vehicles. For more information, visit www.soygold.com/biodiesel.htm. |
