Monday, October 24, 2011
Is it possible to turn wood into gasoline?
Unfortunately, at current wood biomass prices the process is not yet economically competitive with traditional crude oil refining. But who knows, as fuel prices continue to rise this process may become competitive and a new market for wood could develop especially in wood rich states that have slowly seen their paper industry decline.
You can read the full story or watch a video on the discovery.
Edited from Ernest Scheyder, Reuters, ORONO, Maine
Tuesday, October 18, 2011