Search results
Results from the WOW.Com Content Network
Minnesota will also see higher gas prices, albeit lower than California. In 2025, the state will increase its motor fuel tax on diesel, biodiesel, and gasoline from 28.5 cents per gallon to 31.5 ...
In the USA, diesel costs about 0,6 $ per liter [14] and the cheapest SVO costs about the same, with more expensive oils costing more than that (up to $7 per gallon). [15] The availability of biodiesel around the World is increasing.
In spite of this, he was optimistic about the future of the program, claiming "it will be back.". In 2009, ethanol was priced at 2 to 3 dollars per gallon, while methanol made from natural gas remains at 47 cents per gallon. Presently there are over 60 operating gas stations in California supplying methanol in their pumps. [citation needed]
Through this act, biodiesel production guaranteed a tax credit of US$1 per gallon produced from virgin oils, and $0.50 per gallon made from recycled oils. [119] Currently soybean oil is being used to produce soybean biodiesel for many commercial purposes such as blending fuel for transportation sectors. [6]
Producers of biodiesel can claim a tax credit of $1.00 per gallon. As of this bill, the $1.00 credit applied to new agricultural-based biodiesel. A credit of 50 cents per gallon was applied to used feedstocks, such as fryer grease. Expired December 31, 2009. [8] Second, section 1345 establishes the Small Agri-Biodiesel Producer Credit.
The current national gas price average is $3.62 per gallon. The average cost of gas has decreased 15% in the last two years, from when it was $4.27 per gallon.
Current economic assessments cite large-scale pond-cultivated algae fuel prices ranging from at $0.42 to $7.50 per Liter. [4] However, a 2012 economic analysis of commercialization potential and cost optimization determined a much smaller price range of $0.42 to $0.97 per Liter. [5]
For premium support please call: 800-290-4726 more ways to reach us