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SPECIAL REPORT: Oil industry researching nonfood biofeedstocks

08/06/2007
Agrifuels’ promise from an oil industry perspective hinges on unlocking the answers to two root questions: How can today’s photosynthesis supplement the energy supplied by prehistoric photosynthesis? What are the logistics for refiners and pipelines?Support for agrifuels is high because of the hope for extending energy supply and addressing climate change concerns. Industry is looking for ways to balance the chemistry and the economics.Pamela Beall, Marathon Petroleum Co. LLC vice-president of business development, downstream, said it’s ironic that fossil fuels and biofuels rely on essentially the same feedstocks-only at different stages in their life cycles. “Foss...
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