Bloomberg.com: Worldwide
Supplies of diesel fuel from vegetable oils soared 80 percent in 2005, the agency said in July. That outpaced a 14 percent increase in production of ethanol, a fuel derived from corn and sugar that’s used as an alternative to gasoline.
Crude oil reached a record $78.40 a barrel last month and has driven up the cost of diesel and gasoline, making biofuels more competitive. Palm oil costs $507.50 a ton in Europe, less than about $680 for a ton of crude oil-derived diesel. Governments are subsidizing biodiesel to diversify energy supply and reduce greenhouse-gas emissions.
Vegetable oil-based diesel is made through a chemical process where the glycerin is separated from the fat, or vegetable oil. The process leaves behind two products — methyl esters, the chemical name for biodiesel, and glycerin, a byproduct usually sold for manufacturing in soaps and antifreeze.
Palm oil comes from bunches of plum-sized fruit on the tree, which becomes productive from about 30 months after planting.


Iran, which has more oil and gas than all other countries save Saudi Arabia and Russia, pumps less today than it did in 1979, when the new Islamic government threw foreigners out. The current expansion of Russia’s NOCs is proving equally ill fated: costs have risen and output has grown more slowly at Yuganskneftegaz, the former production arm of Yukos, a Russian oil company, since its takeover by state-controlled Rosneft, according to Andrei Illarionov, a former adviser to the Russian government. Over the past 20 years, he points out, income per head has grown in countries with private oil industries, but has shrunk in those with nationalised ones.
While Glaros’ homemade detector can be mounted practically anywhere, the team’s preferred platform is one or more of the pilot boats that meet container ships offshore. A pilot boat will typically meet a ship up to 12 miles out, giving the detector ample opportunity to gather data, and law enforcement a chance to respond.