Obama invests $62m in biofuels

This week the Obama Administration announced more plans to invest in biofuels to counter the United States’ reliance on imported oil. A total of $62million (£40m) will be pumped into the sector, according to the US Department of Agriculture (USDA), the Navy and the Department of Energy (DOE). This includes $30 million in federal funding […]

US Navy orders 450,000 gallons of biofuel

The US Navy has ordered 450,000 gallons of biofuel in a $12 million contract with Dynamic Fuels. It is the largest ever US government purchase of biofuel. The Navy bought a blend of biofuel made from algae-based biofuel and cooking oil. This will be used in a 50-50 mix with petroleum-based diesel and aviation fuel […]