Biodiesel Production Tripling In 2011

Biodiesel production is projected to reach 1 billion gallons in 2011, tripling from 311 million gallons in 2010, according to data presented at the investment conference I am attending in California. That's about 24 million barrels or the equivalent of a bit more than 2 days of oil imports.

Biodiesel, solar, wind, energy efficiency, and shale gas are all booming. Biofuels, natural gas vehicles, electric vehicles, 54.5 miles per gallon fuel standard, and increasing domestic oil production offer a real path to ending the imports of all foreign oil within 15 years.