For almost a full decade, the bio-based vehicular fuels industry has been anticipating the
establishment of a continually expanding industry within a reasonably stable market base.
However, a variety of events in the bio-based diesel fuel industry has resulted in this
promising market still remaining dynamic. Of the five renewable, bio-based fuels that appear
to have potential to displacement petroleum diesel within the United States and elsewhere,
biodiesel and green diesel are believed to be the fuels that in the near-term represent the
most promising options. Even though they are both viable displacement options and blend
well with petroleum-based diesel these fuels are chemically different, created using
completely different processing systems. While both are considered promising, biodiesel is
fully commercialized with green diesel generally considered to be at the demonstration stage.
Upon review of how the two fuels are produced and potentially marketed, there does exist the
potential for both feedstock and market competition to develop between biodiesel and
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