). This study is part of an ongoing effort within the Department of Energy to meet the renewable energy goals for liquid transportation fuels. The objective of this report is to present a techno-economic evaluation of the performance and cost of various biomass based thermochemical fuel production. This report also documents the economics that were originally developed for the report entitled “Biofuels in Oregon and Washington: A Business Case Analysis of Opportunities and Challenges” (Stiles et al. 2008). Although the resource assessments were specific to the Pacific Northwest, the production economics presented in this report are not regionally limited. This study uses a consistent technical and economic analysis approach and assumptions to gasification and liquefaction based fuel production technologies. The end fuels studied are methanol, ethanol, DME, SNG, gasoline and diesel.