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Author Topic: BSLM - Reversal Alert !

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BSLM will be a LEADING PRODUCER of BIO-DIESEL fuel, and I highly expect production to commence in the short-term, once ACQUISITION is FINALIZED!

The Chart has absolutely BOTTOMED, and now we have this release, pertaining directly to BSLM.

This is STRONG news for all BIO-DIESEL companies, which the OTC Reporter was all over on Wednesday...:

House OKs alternative fuels mandate: BSLM

Governor Vilsack Signs Renewable Fuels Bill

Governor Vilsack signed bills today aimed at increasing the use of renewable fuels.

The legislature approved measures providing $2,000,000 a year for three years to help gas stations provide storage tanks and convert pumps to E85 and biodiesel.

Vilsack set a standard requiring 25% of all fuel burned in the state be renewable by 2020. E85 is a blend of 85% ethanol and 15% gas. It's about 40 cents cheaper than regular gas.

Biodiesel is made from soybeans and is a replacement for diesel fuel used in semis.

The bills also provides tax credits for companies selling the alternativefuels.

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