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CRUDE OIL GRAPHICS :  PRICES RISES DAY BY DAY
Crude Oil Price by OIL-PRICE.NET ©
Price
Change
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14:38 - $ 125.09
0.65 0.52% 88,740 215,171
Range Open 52 Wk Range 1 Year Forecast
123.52 - 126.44
125.49
85.89 - 145.85 $162.62 / Barrel
Crude Oil 
$125.09
 ▲0.65   0.52%
14:38 PM EDT - 2008.07.24
JATROPHA : THE GREEN GOLD
JATROPHA CURCAS A BRAZILIAN SHRUB WAS NAMED AS GREEN GOLD BY SCIENTIFIC AMERICAN MAGAZINE!

Entrepreneurs target the jatropha plant as the next big biofuel.
A woody shrub with big oily seeds could be the ideal source for biofuel.
Ethanol from corn or sugarcane and biodiesel from canola, soy or palm oil have become major players in renewable energy. In principle, biofuels do not increase the amount of carbon dioxide in the air, because as the plants grow they trap the CO2 that is released when the biofuels are burned.
"We know that this plant is environmentally elastic and drought-tolerant. But the aura that this is a wonder crop that you can plant in the desert and harvest gold"

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BIODIESEL, THE FUTURE IS NOW 
 
Dr. Rudolf Diesel invented the diesel engine in the early 1900’s. His first attempts were failures, but when he showed his invention at the 1900 World Fair he had an engine that ran on 100% peanut oil. In 1912 Dr. Diesel stated,  

“The use of vegetable oils for fuels may seem insignificant today. But such oils may become, in course of time, as important as petroleum and coal tar products of the present time.”

Unfortunately Dr. Diesel died in 1913 before his vision of a vegetable powered engine was fully realized. Since this time his engine was modified to run on petroleum based “diesel”. Now, 100 years later it is time to revisit the visionary ideas of Dr. Diesel, and the use of vegetable oils as fuel for engines, now known as biodiesel.


 

Biofuel could provide 15 per cent of fuel by 2030

" More than 100 billion gallons of bioethanol and biodiesel could be being produced by 2030, according to a report from industry research company Global Insight - enough to supply more than 15 percent of global demand for motoring fuels.

In the US, the figure could rise to as much as 35 percent.

Global Insight also suggests that corn and sugarcane will remain the lowest cost source of bioethanol, and that non-food crops such as jatropha, which has the advantage of growing on land of marginal agricultural use, and pond-grown algae could become important sources too.

The report adds that virtually all of today's cars are capable of running with a five percent mix of biofuel (indeed, many UK supermarkets already sell fuel with this mix) and that little modification is required to enable cars to use a 30 percent mix ". REUTERS
NOTE, AUGUST 1ST, 2008: TODAY WE MOVED OUR WEBSITE TO A NEW AND BETTER HOSTING COMPANY. Unfortunately we lost all our email accounts, so if you have a pending email communication with us, please resend to biodieselcrops@yahoo.com , meanwhile we set up the new email servers, and we will be glad to contact you immediately.