article thumbnail

Forecast: Global Biofuels Use to Double by 2015, Second-Gen Biofuels to Lag Expectations

Green Car Congress

Despite a number of key issues such as land use and competition for feedstocks supplies for traditional food and feed uses, global use of biofuels is excepted to more than double from 2009 to 2015, according to a new global analysis released by Hart Energy Publishing’s Global Biofuels Center (GBC). billion gallons).

2015 186
article thumbnail

Saudis Expand Price War Downstream

Green Car Congress

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil.

article thumbnail

Biofuel use predicted to double by 2015

Green Cars News

There may still be significant questions over issues such as land use and competition for feedstock supplies for traditional food and feed uses, but that won’t stop the global use of biofuels from more than doubling between 2009 and 2015. Meanwhile, if India’s own projections are met, it could outpace Brazil in ethanol production by 2015.

2015 32