Biofuel Price Relief Still Distant

Biofuels are unlikely to provide significant relief from high fuel prices any time soon or before oil prices climb considerably further. But they could eventually limit the degree of escalation in fuel costs and evade restraints that governments may put on hydrocarbon fuels. These implications emerged from the Advanced Biofuels Leadership Conference 2012, held in Washington DC the first week of April. Attended mostly by biofuel developers, past editions of this gathering have held out ...