CORONA, CALIFORNIA--(Marketwire - 05/04/11) - BookMerge Technology, Inc. (OTC.BB:BRKM - News), through its wholly owned subsidiary, Extreme Biodiesel, is experiencing a significant increase in demand for its biodiesel which is at an all-time high of $4.09/gallon. Recent diesel #2 retail pricing average of $4.57/gallon has spiked demand for a more cost effective alternative fuel and reinvigorated interest in the US creating its own self-reliant fuel system as well as creating additional "green" jobs.Annual diesel consumption in the USA is over 400 billion gallons which is used for trucking, marine and personal vehicles. The company intends to target one half of one percent of the market which would equate to 2 billion gallons per year."With the ongoing increase in fuel demand, issues in the middle-east, increased government emission reduction requirements and a re-emerging economy for additional goods, we anticipate diesel fuel prices to be in excess of $5.00/gallon very soon. We also expect these factors to create a demand for biodiesel in excess of current California production capacity by summer" says Richard Carter, CEO.Investors are encouraged to visit our IR Hub at http://agoracom.com/ir/ExtremeBiodiesel where they can post questions and receive answers within the same day, review questions and answers posted by other investors, speak with fellow shareholders in a monitored environment and stay current on the development of our company.About BookMerge Technology, Inc. (OTC.BB:BRKM - News)BookMerge Technology is an alternative fuel and recycling company. The company's mission is to provide a cost effective, high quality alternative diesel fuel, create Green Jobs, reduce the environmental impact of fossil fuels and diminish U.S. reliance on foreign oil. BookMerge Technology acquired Extreme Green Technologies, dba Extreme Biodiesel to fulfill that mission. Extreme Biodiesel is a fully licensed and permitted Biodiesel producer operating in Corona, Ca. Our facility has been operating since Jan 2008, producing biodiesel fuel, manufacturing personal biodiesel processors and the recently added restaurant brown grease recycling service.Safe harbor StatementThis press release may contain certain forward-looking statements within the meaning of sections 27A & 21E of the amended Securities and Exchange Acts of 1933-34, which are intended to be covered by the safe-harbors created thereby. Although the company believes that the assumptions underlying the forward-looking statements contained herein are reasonable there can be no assurance that these statements included in this press release will prove accurate.
- Extreme Biodiesel
- biodiesel fuel
- biodiesel processors
BookMerge Technology, Inc. BRKM