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November 06, 2007 | Jim Lane | Comments 0

33 percent of Cape Cod residents turn to biofuels for heating oil as oil prices rise

In Massachusetts, Home and Garden has become the third fuel-oil heating company on Cape Cod to offer biodiesel blend. The company reported that one-third of its customers signed up for the blend, now that blended biodiesel has the same cost as regular heating oil. Last winter, only 35 of 1500 customers expressed interest in bioheat, when the product cost as much as 12 cents more per gallon.

In New York, apartment buildings and residents are turning to biodiesel for heating fuel. The switch can reduce the emission of soot and carbon dioxide compared to regular diesel. An article in the Christian Science Monitor projects that thousands of New York buildings will convert this winter, and that buildings in Boston and Philadelphia will begin to switch as well. The article estimates that New York burns 500 million gallons of fuel oil per year for heating.

Increases in soybean prices have hit biodiesel production, creating uncertainty over the fuel savings that might be achieved with the switch.

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