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a green colored Mustang ,going green, balanced Energy Biofuels can provide a measurable reduction in America’s dependence on foreign oil by displacing petroleum-based fuels with their agricultural counterparts. Derived from crops such as corn, soybeans, canola, and sugar, biofuels can be produced domestically in significant quantities, thereby reducing oil imports by comparable volumes and relieving pressure from the nation’s already strained oil refineries. According to the Energy Information Administration, the U.S. produced over 3.9 billion gallons of ethanol in 2005, or approximately 3% of all gasoline consumed. Though biodiesel and ethanol are collectively referred to as biofuels, they are quite distinct in how they are produced and utilized.