Big Oil Predicts Big Growth for Ethanol, Biodiesel

domesticfuel.com
Posted by John Davis – September 14th, 2009

The largest oil and gas producer in the country is predicting that in 20 years, there will be more ethanol and biodiesel than gasoline and diesel produced in the U.S.

Bloomberg.com reports that Katrina Landis, head of BP’s alternative-energy unit, made the claim that biofuels will replace about 25 percent of gasoline and 8 percent of diesel in 2030, raising American biofuel production by more than four times what it was per day in 2007:

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