Skip to Content

opec ethanol


OPEC apparently worried about US ethanol moves

Here's a political hot potato. According to SeekingAlpha, a stock market opinion and analysis site, the Secretary-General of OPEC has taken a stand against American and European ethanol plans, warning that the moves will send oil prices "through the roof." Abdalla El-Badri said that the move to make more ethanol means "you don't get the incremental oil and you don't get the ethanol." (huh?) SeekingAlpha's Todd Sullivan takes this, OPEC's first public concern over biofuels, to be "proof positive that oil production is currently at a peak level. ... Read more →

No Content Style Defined.

Featured Galleries

  • LA 2009: CMT-380
  • LA 2009: Mitsubishi i-MiEV
  • LA 2009: Faurecia Booth
  • LA 2009: Fisker Karma
  • Audi A3 TDI - 2010 Green Car of the Year
  • World's Most Expensive Tesla Roadster
  • LA 2009: Mitsubishi PX-MiEV
  • LA 2009: Mitsubishi i-MiEV for Geek Squad
  • Honda P-NUT
  • LA 2009: Honda P-NUT
  • Ford Focus Econetic
  • Capstone Turbine CMT-380

Categories

Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum