According to the lead story in the Financial Times today, in response to increased US and European interest in biofuels (eg, ethanol), OPEC is threatening to curtail investment and send oil prices "through the roof" (a direct quote from the Secretary General of OPEC).
Yes, double the price of oil. That will teach people to look for alternatives.
Wednesday, June 06, 2007
OPEC makes a point
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1 comment:
OPEC - Your excuse to get a rooftop and a rifle.
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