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Old 05-04-2012, 03:27 PM
RandomLetters RandomLetters is offline
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Join Date: Feb 2004
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Baring some major breakthrough in algae based biofuel production, it doesn't seem possible for the US to make enough biodiesel for taxes to matter that much. Last year, the US produced ~3 billion bushels of soybeans. You can turn a bushel of soybeans into about 1.5 gallons of vegetable oil. So if you converted the entire American soybean crop into fuel, you would get 4 billion gallons of biodiesel. Which is less than 10% of the US diesel fuel needs.