Released on = November 13, 2006, 11:14 pm

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = Biofuel production will exceed 16 Billion Gallons mark by
the year 2015, say industry experts.

Press Release Body = Production of biofuels in U.S. will exceed 16 Billion Gallons
by the year 2015, as per the industry experts. Ethanol will make up 14.20 Billion
Gallons, increasing from 4.5 Billion Gallons in 2006. Ethanol will be representing
9.4% of gasoline consumption, and biodiesel will approximately be equal to 4% of
total estimated diesel consumption.

Both the use of agricultural resources and the dynamics of international trade in
certain commodities will be affected by these projected production levels. For
instance, corn that’s used for the production of ethanol fuel will drip out of
stocks now allocated to animal feeds and exports. Since more than 60% of the global
trade in corn is supplied by the U.S., reallocation of this source to fuel is likely
to translate in to higher prices for corn in the world.

In its recently published market research report “New Opportunities in US
Biofuel Market (2006)” RNCOS has provided an updated and detailed analysis of
the US Biofuel market. The report provides an overview of global Biofuel market and
focuses exclusively on US.

As per the report, “The tremendous increase in the demand for ethanol has
surpassed its supply in the last two years (2004-05). Production of ethanol can be
accomplished locally. It can invigorate local economy, specifically in agricultural
sector, and can also help in reducing the imports of oil. Demand will continue to
grow further as Biofuels finds new applications in automobile, aviation, and fuel
cell sectors to name a few.”

Highlights of the report:

- Past performance of Biodiesel and Ethanol in US.
- Various government support programs that are supporting Biofuel growth.
- Economic impact of Biofuel.
- Price Analysis of Biofuel with conventional fuels.
- Impact of Biofuel on US oil sector.
- Demand and supply situation for biodiesel and Ethanol.
- Potential market segments for Biofuel.
- Opportunities and challenges before Biofuel in the market.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

For more information visit: http://www.rncos.com/Report/IM074.htm

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