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Biodiesel News For 02-Jul-2007

BP invests Ł56m in biodiesel crops (Financial Times)
BP has made its second biofuels investment of the week, committing at least Ł56m to a joint venture with D1 Oils, the Aim-listed Biodiesel producer.

Biodiesel fuel may bring a new energy to South Florida market (BizJournals)
Biodiesel fuel use is becoming more prevalent in South Florida as Broward County converts its vehicles to it and more businesses begin to distribute it locally.

Converting To BioDiesel On The Farm (KXMA-TV Dickinson)
While the large-scale production biodiesel Dakota Skies would have offered won't be coming to the Magic City, farmers are still producing their own fuelthough in much smaller amounts. Abby Wuellner has more on the benefitsand the drawbacksof small-

N.D.: Biodiesel Plant in Minot Shelved (AP via Yahoo! Finance)
A plant to make biodiesel from canola has been shelved after an economic development group withdrew its offer to provide land. The decision comes after more than two years of planning and millions of dollars in design and engineering work.

McDonald's puts oil to green use (BBC News)
McDonald's is to convert all its delivery vehicles in the UK to run on biodiesel, using the firm's cooking oil.

Ethanol boom squeezes biodiesel supply (The Altoona Herald-Mitchellville Index)
Washington, D.C. - Farmers saw high prices for corn this spring and planted even more than expected. That may help hold down food prices, but it's bad news for struggling Biodiesel makers who depend on soybean oil.

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