Shares of Earth Biofuels (EBOF.OB) Rise 35 Percent
Share prices for biodiesel producer and distributor Earth Biofuels (OTCBB: EBOF) skyrocketed more than 35 percent this morning after the company released a few tantalizing hints of its 2007 growth plan."The biofuels industry and other alternative fuels are absolutely essential to our nation's energy security and our ability to maintain economic independence," Earth Biofuels CEO Dennis G. McLaughlin III said in a recent press release. "The goal of energy independence won't be achieved through use of a single technology, which is why Earth Biofuels has created a diversified portfolio of alternative transportation fuels. With the hard work of our initial…