Exhibit 99.14

RELEASE

     EARTH BIOFUELS, INC. (“EBOF”) and each entity listed on the SCHEDULE OF EBOF SUBSIDIARIES attached hereto as Exhibit A (individually, a “Subsidiary” and collectively, the “Subsidiaries”) on behalf of themselves their present and former employees, officers, directors, members, attorneys, subsidiaries, affiliates, divisions, assignors, predecessors, successors and assigns, in their capacities as such (collectively, the “EBOF Releasors”), hereby release and forever discharge each entity listed on the SCHEDULE OF EBOF NOTEHOLDERS attached hereto as Exhibit B that are signatories hereto (individually, a “Noteholder”, and collectively, the “Noteholders”) and their present and former employees, officers, directors, members, attorneys, parents, subsidiaries, affiliates, divisions, assignors, investment managers, control persons, partners, shareholders, predecessors, successors and assigns, in their capacities as such (collectively the “Released Parties”), of and from any and all claims, liabilities, demands, rights, obligations, damages, expenses, attorneys’ fees and causes of action whatsoever from the beginning of the world to the date of this Release, whether individual, class or derivative in nature, whether at law or in equity, whether based on federal, state or foreign law, foreseen or unforeseen, matured or unmatured, known or unknown, accrued or not accrued, which Releasors have, had, or can, shall or may hereafter have against the Released Parties that arise out of, relate to, or are in any way connected with (i) the Securities Purchase Agreement, dated as of June 7, 2006 between EBOF and certain Noteholders (the “Initial Bridge Securities Purchase Agreement”); (ii) the warrants to purchase 1,500,000 shares of common stock, $0.001 par value (the “Common Stock”), of EBOF at the exercise price of $2.93 issued by EBOF to certain Noteholders pursuant to the Initial Bridge Securities Purchase Agreement (the “Initial Bridge Warrants”); (iii) the Registration Rights Agreement issued in connection with the Initial Bridge Securities Purchase Agreement (the “Initial Bridge Registration Rights Agreement”, collectively with the Initial Bridge Securities Purchase Agreement and the Initial Bridge Warrants, the “Initial Bridge Transaction Documents”); (iv) the Securities Purchase Agreement, dated as of July 10, 2006 between EBOF and certain Noteholders (the “Second Bridge Securities Purchase Agreement”); (v) the warrants to purchase 1,500,000 shares of Common Stock at the exercise price of $2.50 issued by EBOF to certain Noteholders pursuant to the Second Bridge Securities Purchase Agreement (the “Second Bridge Warrants”); (vi) the Registration Rights Agreement issued in connection with the Second Bridge Securities Purchase Agreement (the “Second Bridge Registration Rights Agreement”, collectively with the Second Bridge Securities Purchase Agreement, Second Bridge Warrants, the “Second Bridge Transaction Documents”); (vii) the Securities Purchase Agreement, dated as of July 24, 2006 between EBOF and the Noteholders (the “Securities Purchase Agreement”); (viii) the 8% Senior Convertible Notes (collectively, the “Notes”) in the aggregate principal amount of $52.5 million issued by EBOF to the Noteholders pursuant to the Securities Purchase Agreement; (ix) the warrants to purchase in excess of 9,000,000 shares of common stock of EBOF at the exercise price of $2.90 (the “Warrants”) issued by EBOF to the Noteholders in connection with the Securities Purchase Agreement; (x) the Registration Rights Agreement”) issued in connection with the Securities Purchase Agreement; (the “Registration Rights Agreement” collectively with the Initial Bridge Transaction Documents, the Second Bridge Transaction Documents, the Securities Purchase Agreement, Notes, and Warrants, the “Transaction Documents”) or (xi) the involuntary bankruptcy proceeding commenced against

EBOF by certain Noteholders on July 11, 2007 pursuant to Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), Case No. 07-10928 (CSS) (the “Bankruptcy Case”) including but not limited to, all claims that could have been asserted under Section 303(i) of the Bankruptcy Code and any counterclaims or cross-claims related thereto.

     The Noteholders on behalf of themselves their present and former employees, officers, directors, members, attorneys, subsidiaries, affiliates, divisions, assignors, predecessors, successors and assigns, investment managers, control persons, partners, shareholders, in their capacities as such (collectively, the “Noteholder Releasors”), hereby release and forever discharge the present and former employees, officers, directors, and attorneys of EBOF and the Subsidiaries (but not EBOF or such Subsidiaries themselves), in their capacities as such (collectively, the “EBOF Released Parties”), of and from any and all claims, liabilities, demands, rights, obligations, damages, expenses, attorneys’ fees and causes of action whatsoever from the beginning of the world to the date of this Release, whether individual, class or derivative in nature, whether at law or in equity, whether based on federal, state or foreign law right of action, foreseen or unforeseen, matured or unmatured, known or unknown, accrued or not accrued, which Noteholder Releasors have, had, or can, shall or may hereafter have against the EBOF Released Parties that arise out of, relate to, or are in any way connected with (i) the Transaction Documents, or (ii) the Bankruptcy Case. For the avoidance of doubt, the EBOF Released Parties shall not include EBOF or any of its Subsidiaries.

     This Release shall be placed into escrow pursuant to an escrow agreement (the form of which is attached hereto as Exhibit C) and shall be released therefrom and become effective in accordance with its terms upon on the date that the order by the Bankruptcy Court dismissing the Bankruptcy Case is entered on the docket.

     The EBOF Releasors and Noteholder Releasors hereby acknowledge that they may hereafter discover facts in addition to or different from those which they now know or believe to be true with respect to the subject matter of this Release but that it is their intention to, and they do hereby fully, finally and forever settle and release any and all claims, liabilities, demands, and causes of action, known or unknown, suspected and unsuspected, of every kind and nature whatsoever, which now exist, may hereafter exist, or may heretofore have existed with respect to the subject matter of this Release. In furtherance of such intention, they acknowledge that this Release shall be and remain in effect as a full and complete release, notwithstanding the subsequent discovery or existence of any such additional or different facts.

     Nothing in this release shall release EBOF or its Subsidiaries with respect to any obligation to the Noteholders including, but not limited to, obligations arising out of any of the Transaction Documents, the Interim Restructuring Agreement, dated November [___], 2007 (the “Interim Restructuring Agreement”), or any of the documents contemplated in the Interim Restructuring Agreement. Nothing in this release shall release Dennis McLaughlin from any obligation to the Noteholders arising out of the Interim Restructuring Agreement or any of the documents contemplated in the Interim Restructuring Agreement, including, without limitation, the Guaranty by Dennis McLaughlin, dated November [___], 2007.

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     In any litigation arising from or related to an alleged breach of this Release, this Release may be pleaded as a defense, counterclaim or cross claim, and shall be admissible into evidence without any foundation testimony whatsoever.

     The EBOF Releasors expressly covenant and agree that this Release shall be binding in all respects upon their respective successors, assigns and transferees, and shall inure to the benefit of successors and assigns of the Released Parties.

     This Release shall be governed by New York law without giving effect to any conflict of law provisions and shall not be altered, amended or modified in any respect, except by a writing duly signed by the party against whom the alteration, amendment or modification is to be charged.

[SIGNATURE PAGE FOLLOWS]

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     IN WITNESS WHEREOF, the undersigned has duly executed this Release.

EARTH BIOFUELS, INC. on behalf of itself and the Subsidiaries
By:
	Name:
	Title:
	Date:

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     IN WITNESS WHEREOF, the undersigned has duly executed this Release.

CASTLERIGG MASTER INVESTMENTS LTD		EVOLUTION MASTER FUND LTD. SPC,
By:	Sandell Asset Management Corp.	SEGREGATED PORTFOLIO M
By:		By:
	Name:		Name:
	Title:		Title:
CAPITAL VENTURES INTERNATIONAL		RADCLIFFE SPC, LTD. FOR AND ON
By:	Heights Capital Management, Inc. its authorized agent	BEHALF OF THE CLASS A CONVERTIBLE
		CROSSOVER SEGREGATED PORTFOLIO
		By:	RG Capital Management, L.P.
		By:	RCG Management Company, LLC
By:		By:
	Name:		Name:
	Title:		Title:
YA GLOBAL INVESTMENTS, L.P.		CRANSHIRE CAPITAL, LP
By:		By:
	Name:		Name:
	Title:		Title:
PORTSIDE GROWTH AND OPPORTUNITY FUND
By:
	Name:
	Title:

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RELEASE EXHIBIT A

SCHEDULE OF EARTH BIOFUELS, INC. SUBSIDIARIES

SUBSIDIARY

EARTH LNG, INC.

APPLIED LNG TECHNOLOGIES, USA, LLC

ALTERNATIVE DUAL FUELS, INC.

D/B/A APOLLO LEASING, INC.

ARIZONA LNG, LLC

FLEET STAR, INC.

DURANT BIOFUELS, LLC

EARTH BIOFUELS, TECHNOLOGY CO, LLC
D/B/A ADVANCED BIOFUELS TECHNOLOGY, LLC

EARTH BIOFUELS DISTRIBUTION CO

EARTH BIOFUELS OF CORDELE, LLC

B20 CUSTOMS LLC

EARTH BIOFUELS OPERATING, INC.

EARTH BIOFUELS RETAIL FUELS, CO.

EARTH ETHANOL, INC.

EARTH ETHANOL OF WASHINGTON LLC

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RELEASE EXHIBIT B

SCHEDULE OF NOTEHOLDERS

NOTEHOLDERS

CASTLERIGG MASTER INVESTMENTS LTD.

PORTSIDE GROWTH AND OPPORTUNITY FUND

YA GLOBAL INVESTMENTS, L.P. FORMERLY
KNOWN AS CORNELL CAPITAL PARTNERS, LP

EVOLUTION MASTER FUND LTD. SPC.,
SEGREGATED PORTFOLIO M

RADCLIFFE SPC, LTD. FOR AND ON BEHALF OF
THE CLASS A CONVERTIBLE CROSSOVER
SEGREGATED PORTFOLIO

CRANSHIRE CAPITAL L.P.

CAPITAL VENTURES INTERNATIONAL

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EXHIBIT C

ESCROW AGREEMENT

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