WASHINGTON–(ENEWSPF)–May 5, 2011. As part of the Obama Administration’s comprehensive plan to address rising gas prices, U.S. Agriculture Secretary Tom Vilsack and U.S. Energy Secretary Steven Chu today announced a total of $47 million to fund eight research and development projects that will support the production of biofuels, bioenergy and high-value biobased products from a variety of biomass sources. These investments in clean, sustainable transportation fuels will help reduce U.S. oil imports, support economic development…
