Archive for July, 2009

Flex Fuel – Nadiyah M. Jett – Upscale Magazine, January, 2009

Thursday, July 30th, 2009

An Entrepreneur Makes it Easier on Your Wallet – and Conscience – to Fill Up Your Gas Tank

 

This year, a new African-American-owned energy company will make it possible to spend less money at the pump.  Atlanta-based Amanah Energy is developing Vetco Alternative Fuels, which will offer both traditional gasoline products and biofuels, including biodiesel and ethanol.  the first 13 of 100 Vetco Alternative Fuels fueling stations are scheduled for rollout in the Southeast in Spring of 2009.  The cost of alternative fuel at Vetco stations will be about 10 to 15 percent less than the price of traditional gas today, according to Amanah Energy’s CEO, Richard Shabazz.  “We can use catfish waste or algae to produce biodiesel and cellulosic biomass, such as plants, to create ethanol.  Amanah Energy will deploy patented technology that will convert waste to energy, which will significantly reduce the cost to produce fuel and decrease America’s dependence on foreign oil.  The reduced cost of production will be passed down to the consumer by lowering the cost at the pump,” Shabazz says.  The first plant to produce Vetco biofuel will open in Ohio in February 2009.  For more details, visit vetcoalternativefuels.com.