Biofuel plants. Photo: Courtesy, Michigan State University. On the heels of the recent ASTM International Committee on Petroleum Products and Lubricants' approval of bio-derived jet fuel for commercial use, Santa Barbara-based BioJet International announced it will release one billion gallons of renewable jet fuel priced at $2.97 a gallon to airlines to "aid in the development" of biofuel in the commercial aviation market. "This offer is made possible because ...

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