Oil prices were little changed Thursday following a U.S. inventories report that showed that stocks of gasoline, crude and distillate fuels all rose last week.
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"Put a tree in your tank." Fuel companies aren't touting that slogan. At least not yet.
But thanks to research done in part by Bruce Dale, Michigan State University professor of chemical engineering and materials science, making fuels from poplar trees and corn stalks is becoming more efficient and cost-effective.
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A collaborative research project between the U.S. Forest Service Forest Products Laboratory (FPL) and the Department of Energy Joint Genome Institute has advanced the quest for efficient conversion of plant biomass to fuels and chemicals.
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In his Jan. 23 State of the Union address, President George Bush outlined his plan to reduce the nation's dependency on foreign oil by requiring the production of 35 billion gallons a year of renewable and alternative fuels by 2017, roughly five times the current target set by Congress of 7.5 billion gallons by 2012.
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