Bio-fuels tests give encouraging results

With all the news of late concerning the price of petroleum, it's nice to be able to report a story like this. A company called Sustainable Power says it has been working with “an undisclosed airline” to test a blend of petroleum-based jet fuel and bio-fuel, bio-fuel derived from sources that aren't foodstock-based. In other words, no corn.

The specific blend of traditional jet fuel is 90 percent, this to 10 percent “All-Green” bio-fuel.

AmSpec Services conducted the tests. An AmSpec official says All-Green: “met and surpassed all the standards the airline has requested from us.”

Although Sustainable Power didn't say what the source of its bio-fuel is, Cheapflights has reported in the past that there's a major push, buoyed by government tests, to render bio-fuel from algae. Results in that arena are promising. One of the next challenges, seemingly, for would-be purveyors of bio-fuels is to be in a position to supply the demand of an airline industry increasingly desperate for a dependable, reasonably priced, ecologically friendly way to power their flying machines.

© Cheapflights Ltd Jerry Chandler

Comments

[Stockguy]

Very interesting! I found the ticker symbol for the above company (SSTP) and is currently at .03 cents.

This might be one of those millionaire maker stocks that goes from pennies to dollars in a just a couple years.