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May 11, 2005

New biodiesel pumps in Seattle

PSBJ broke the story this morning: New biodiesel fueling station opens in U District - 2005-05-10. And it got a mention on the local NPR station. I am an investor in Seattle Biodiesel who will be providing the fuel, so it is good to see more retail outlets. NPR got the price of biodiesel wrong though. They quoted $3.50 per gallon for B100, and that is the prevailing price, but due to some recent tax incentives that this new station will be passing along, the price is going to be under $3.00. At one station in Tacoma it is $2.45 per gallon. With regular diesel at $2.70, Biodiesel, the cleaner, renewable direct replacement alternative is now CHEAPER! Now that is an innovation that will drive adoption.

Posted by Martin at May 11, 2005 9:09 AM

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