A New, Renewable, Drop-in, Waste-based Fuel Emerges, Competitive with $30 Oil

In Germany and Portugal, a new drop-in biofuels process has emerged which is cost competitive with $30 oil, according to the inventors. The process breaks even with crude oil, on an 10-year amortized basis for capex, at roughly $20.30 per barrel of crude oil (assuming refining costs of $8.66 per barrel).

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