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FEASIBILITY STUDY Name: Grade Course: Tutor`s Name: (29 July 2011) Feasibility Study of Sustainable Transport Fuels from Local Woodland for East Sussex Most ethanol in some parts of the world like in Brazil is being sold in a blended fuel comprising of 10% ethanol and 90% gasoline. The markets for the blends fell in 2001, by the time the ethanol rack prices started rising at a rate that is faster as compared to gasoline rack prices. However, since 2002, the products share market has been raising due to: bio-fuel availability, pump`s prices as well as strong demands. The number of petrol stations offering blended fuels has been in the rise since 2002, increasing the availability of ethanol blended fuels. Concerning the issue of pump prices, ethanol blended fuel pumps` prices have become much favorable as compared to regular unleaded gasoline pump prices when crude oil prices were increasing. There have been upsurges in interest of using Biofuels for transport for many reasons. For instance, the transport sector of UK mainly depends on oil, whose reserves are located in politically volatile regions, so, the process of diversifying into renewable alternatives makes strategic senses. In addition, the directives given by EU concerning the issue of Biofuels has presented Biofuels levels that ought to be blended with petrol as well as diesel. As a result, the UK government has to make decide on ways of adhering to this directive, and sis expected to consult on t...