US biodiesel output tumbles in March
The National Biodiesel Board (NBB) said production fell from 49 million gallons in March 2008 to only 30 million gallons in March 2009.
The NBB claimed that if the trend continues, US output would be only half of the 700 million gallons produced last year.
The Environmental Protection Agency has been urged to publish regulations that require use of 500 million gallons of diesel fuel made from biomass in 2009. Its guaranteed share of the market would rise to 1 billion gallons in 2012.
The Energy Information Administration said on 22 April that the outlook for the biodiesel market ‘remains highly uncertain’ due to removal of a tax incentive that encouraged exports and European Commission tariffs recently put in place on US biodiesel.
Output was above 60 million gallons a month in the second half of 2008 until the tax law changed.