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      SC State University professor looks to make biofuel cheaper

      A South Carolina State University professor is leading a team of engineers and economists on a three-year study into how to make biofuel cheaper.
      ORANGEBURG, S.C. (WACH, AP) -- A South Carolina State University professor is leading a team of engineers and economists on a three-year study into how to make biofuel cheaper.

      Professor Jae-Dong Hong says one of the biggest reasons biofuels aren't taking over from traditional gasoline and diesel is because transporting, storing and handling biofuel makes up more than 25 percent of its total cost.

      "The motivation of doing our research is the price of gasoline, so if the price of biofuel is competitive, definitely the price of gas will go down," said Hong.

      Hong says biofuel is a perishable item so it is much harder and costlier to store than gasoline.

      Related Stories Officials hope residents eat up Southern Fried Fuel Initiative Biofuel plant planned for SC's Berkeley County Run your car on pond scum Hong and his researchers have been given a $450,000 federal grant for their three-year study. One goal is to emphasize making biofuel out of switchgrass along South Carolina's Interstate 95 corridor.

      Hong says a new biofuel industry could bring jobs and money to the state's poorest regions.

      (The Associated Press contributed to this report.)

      Do you think the biofuel industry will have a positive impact on our economy? Leave a comment below.

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