Biofuel developers like Neste Oil, Diamond Green can thrive despite cheap oil

摘要

While alternative fuels like bio-fuels had obvious appeal when oil prices were well over $100 a barrel, the plummet in oil prices to $50 levels can threaten the cost-competitiveness of alternative fuels. However, many developers have planned for low oil prices and some will still be able to achieve cost reductions needed to thrive, according to Lux Research.