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He also said if it is a go then it will cost about as much as red-dye petro-diesel.
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Until the price of soybeans comes down, don't count on the price of bio being anywhere near off-road #2. Around here, off-road bio is still 30 - 40 cents more expensive than taxed diesel, and closer to 80 cents more than off-road #2.
Petro has too many subsidies built into it, and the way China is buying raw beans, I don't see a price drop, until we can get other oil feedstocks in the process.
A good source of information for followup is
www.biodieselnow.com
