America Going Green: U.S. to Provide 71% of World’s Biofuels by 2021?
Staffoilpricedotcom ErikA recent study, released on 11 October, “Biofuel Markets and Technologies” released by Pike Research states that the global biofuel market will double within the next decade to $183.3 billion from its current level of $82.7 billion
Well really corn-oil and other food oils are just generation 2 bio fuels. Eventually Gen 3 and 4 bio fuels will take the market. They are being developed currently in labs all over the world, even by the oil companies.