OPEC’s warning last month that oil prices will stay high is music not only to the oil industry, but to an emerging coalition of farmers, biotech companies, engineering firms and traders promoting fuels made from crop — biofuels. Speaking on behalf of the oil producing cartel after its January 30 ministerial meeting, Kuwait’s oil minister…
BIOFUELS: Sector increasingly viable on high oil price, technology, subsidies
Posted on February 14, 2005 by EnergyAsia