Willie Nelson Biodiesel
is the name of an American
company started by popular songwriter Willie Nelson
. The company produces a biodiesel
fuel called BioWillie
made of soybean
and other vegetable oils that can be used in modern diesel engines
instead of regular fuel without vehicle modifications. This contributes to renewable fuel production in America, thereby relaxing dependence on foreign sources of oil.
Nelson has said, "There is really no need going around starting wars over oil. We have it here at home. We have the necessary product, the farmers can grow it."
As of June 2006, there were 22 outlets in six states (per the BioWillie website), most of which (16) were located in Texas, primarily near Dallas.
As of April 2007, numerous reports have come in saying that most, if not all, outlets selling BioWillie have ceased doing so. Whether this is related to supposed financial troubles is unknown.
Earth Biodiesel Inc., a publicly traded company (OTCBB: EBOF), is the exclusive distributor of BioWillie. As of 12 Jun 2006, Willie Hugh Nelson reported the ownership of 6,537,500 shares of Earth Biodiesel Inc. to the Securities and Exchange Commission.
Form 8-K for EARTH BIOFUELS INC
Change in Directors or Principal Officers, Other Events
Item 5.02. Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers.
(b) Effective December 26, 2006 and as part of a planned transition, Earth Biofuels, Inc. (the "Company") accepted the resignation of Mr. Willie Hugh Nelson as Director.
Section 8 - Other Events
Item 8.01 Other Events.
Effective December 27 and as part of a planned transition, Mr. Willie Hugh Nelson became a member of the Company's Advisory Board. Mr. Nelson remarked, "As part of Earth Biofuels' long range plans, I am moving from the Company's Board of Directors to the Company's Advisory Board and look forward to a very successful future with the Company in my new role with my fellow Advisory Board members."