Biodiesel Statistics

Today, biodiesel is produced from vegetable oils, yellow grease, and tallow. Domestic production increased dramatically over the past decade, however, consumption has not increased at the same rate. Exports increased, mostly to Europe, due to favorable U.S. pricing and currency rates as well as European biodiesel use requirements. European and domestic policy changes may impact U.S. biodiesel exports in the near term. Current research is focused on developing algae as a potential biodiesel feedstock because it is expected to produce high yields from a smaller area of land than vegetable oils.