Biofuels for home heating oil

Can biofuels replace foreign oil for cars and home heating?

In 2010 Massachusetts will require that home heating oil be mixed with biofuels. Some 8 million homes in the US use oil for home heating, and those inside the oil-for-home-heating industry believe that biofuels can help them compete with natural gas. Check out CNBC for more.

Can biofuels live up to the hype, or has the biofuel hand been over-played?