Recent studies have shown that world crude oil reserve will be
exhausted by 2030. USA depends heavily on imported crude oil
and consumes 22% of the world crude oil production [1,2].
Depletion of fossil fuels and greenhouse gas emissions from combustion
of fossil fuels invigorated our tryst to look for environmental
friendly renewable energy sources. Therefore, development of
liquid fuel from biomass has been tried extensively in the last
few years. Energy Independence and Security Act (EISA) of U.S.
govt. has also enhanced the biomass based biofuel production [3,
reference therein].