Biodiesel may help the planet, but the price won’t help you

Anyone thinking that the rising price of gasoline might make this a good time to convert to a “green” fuel such as biodiesel might want to think again.

The price of biodiesel has been rising along with the price of petroleum fuel.
Biodiesel prices are rising everywhere. According to industry experts, a complex mix of factors is driving prices up, including continuing drought in Australia and the weakness of the American dollar.

“I think it’s an issue of commodities overall,” said Nikola Davidson, director of the Northwest Biofuels Association, based in Seattle.

The Cenex station is passing on its costs from the distributor, just as the distributor passes on higher prices from the manufacturer, Eldridge said.

Herald Net