Cellulosic Biofuel Output Will Lag 2011 Requirements, EIA Says
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Oil companies won’t be able to get as much cellulosic biofuel as they might need next year, according to the U.S. Energy Information Administration.
EIA, a unit of the Energy Department that compiles industry data, expects cellulosic biofuel production in 2011 to be 3.94 million gallons, according to a letter written by an EIA official. That’s less than 2 percent of the 250-million-gallon mandate for 2011. The government already slashed this year’s target by more than 90 percent to 6.5 million gallons.