GSPI Green Star Products Inc (PK)

American Biofuels, LLC (ABF), 35% owned by Green Star Products, Inc. (OTC:GSPI), today announced that the Bakersfield Californian Newspaper published a major article concerning ABF entitled "Refueling Profits." The article outlines the increase of profits from the production of biodiesel from used-restaurant-oil versus virgin-soybean-oil. This important article is reprinted in its entirety as follows: -0- *T The Bakersfield Californian May 7, 2005. Business section, page A13 Refueling profits ERIN WALDNER, Californian staff writer-mail: ewaldner@bakersfield.com For one local company, used cooking oil might be fuel for higher profits. American Biofuels LLC is using oils collected from 40 restaurants and other businesses to make biodiesel fuel at its Stockdale Highway plant. The plant, built in 2003, is designed to process refined soybean oil and used cooking oils. The end product, biodiesel, is an alternative fuel that's gentle on the environment. William ("Stretch") Fowler, director of American Biofuels, said the company decided to increase its use of waste cooking oils because soybean oil has become so expensive. He said he pays $2.60 per gallon of soybean oil, compared to 70 cents per gallon of cooking oil. "This will bring our costs down substantially," Fowler said. The middleman in this operation is Norm Ramspeck, president of Safe Environmental Alternatives in Bakersfield. A former truck driver, Ramspeck collects the used cooking oils and delivers the stuff to the biodiesel plant. He parked his truck to the rear of Benji's French Basque Restaurant Thursday morning. Two barrels containing leftover cooking oils were waiting for him. He proceeded to pump the oil into big containers in the back of his truck. From Benji's, he moved on to Cactus Valley Mexican Restaurant just down the road, where two more barrels of cooking oil were waiting for him. When pieces of food are mixed in with the oil Ramspeck retrieves, he has to scoop the food out so it doesn't clog his pump. "That's where I really earn my money," he joked. Ramspeck doesn't charge anything to pick up the oil. He also supplies the barrels free of charge. His paycheck comes from American Biofuels. "I get paid 70 cents a gallon," he said. He collects about 2,500 gallons of oil every two weeks. Fowler said historically, used cooking oil collected from restaurants and food processors are rendered into a high-protein yellow grease that's added to animal feed. Two big players in this industry are Baker Commodities Inc. in Los Angeles and Darling International Inc. in Irving, Texas. Darling has a processing plant in Fresno and serves businesses in Kern County, according to the company's Web site. Dennis Luckey, executive vice president at Baker Commodities, said his company competes with Safe Environmental Alternative in the Bakersfield area for the collection of used restaurant grease. He said presently, Baker's grease goes into animal feeds but that the company is equipped to compete in biodiesel and is contemplating a venture in that arena. Ramspeck said he hopes to expand his operation to Fresno within a month, at which point he said he will need to take on his first employee. Ultimately, he wants to collect cooking oils from businesses across the state. He began working with American Biodiesel about four months ago. He knew Joseph LaStella, president of Green Star Productions Inc., which has a 30 percent interest in American Biofuels. When LaStella asked Ramspeck if he was interested in collecting waste cooking oils that would be used to make biodiesel, "I thought about it for a long time and decided it's a dirty job but someone has to do it," Ramspeck said. He received about $15,000 in seed money from American Biofuels, according to LaStella. LaStella initially thought maybe 20 percent of the businesses they contacted would be interested in participating. Turned out, it was more like 90 percent, he said. San Joaquin Community Hospital was the first to get on board. Other businesses, particularly restaurants, followed suit. "Now I have restaurants calling me," Ramspeck said. Lisa Liu, owner and manager of Chalet Basque, said she got involved because she wanted to do something good for the environment and she believes in supporting local businesses. Norm Ramspeck pumps out about 55 gallons of cooking oil from drums at Benji's French Basque Restaurant on Rosedale Highway. The oil will then be delivered to the biodiesel plant to be processed for fuel. The pumping of used cooking oil begins at Benji's French Basque Restaurant. The oil will then be transferred to the biodiesel plant. Copyright, 2005, The Bakersfield Californian *T For more information on ABF call 818-893-1550, or fax 818-893-1250, or email ABF@GreenStarUSA.com or contact SEA at 530-624-5723. Green Star Products, Inc. is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. GSPI is involved in the production of renewable clean-burning biodiesel and other products including lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see GSPI'S Web site at http://www.GreenStarUSA.com or call Investor Relations at 619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites including http://www.bloomberg.com and http://www.bigcharts.com under the ticker symbol "GSPI." Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings with the Securities and Exchange Commission.