RAND says US military cannot reduce biofuels price; should exit development; BIO disagrees

Biofuels Digest
Meghan Sapp
June 20, 2012

In Washington, a new study by the RAND Corporation says that the US military’s petroleum demand of 340,000 barrels per day, compared to global demand of 87 million barrels per day, isn’t large enough of a scale to impact the production cost of biofuels so should therefore stop spending money on more expensive alternative fuels.

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