Biodiesel Tax Credit Won’t Change Much for Users

Within the deal worked out to avoid the fiscal cliff, Congress restored a tax credit for biodiesel. But it’s not likely to lower prices at the pump.

Norm Woolley of Woolley Fuel Company in the North Jersey suburb of Maplewood has been pumping the alternative fuel for four years.
He says most of the diesel he pumps now contains a mixture of 30 percent alternative fuels, such as soy in the winter and vegetable oil in the summer.

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