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OPEC threatens higher prices from Biofuels

OPEC threatens higher prices from Biofuels

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OPEC threatens higher prices from Biofuels

Edward A. Sanchez Edward A. Sanchez
Guru | Posts: 1908 | Joined: 07/06
Posted: 06/06/07
05:55 PM

OPEC said that it might have to re-consider oil production output if biofuels are pursued and developed on a major scale in developed nations. Essentially, they're scared, and they're rattling their swords and saying, "Oh yeah? You think you're going to get away from high oil prices by using alternative fuels? Well, we're gonna stick it to ya anyway by raising our prices, so if you use ANY oil, you'll be paying more."

I don't know about you guys, but I'd like to tell them to *** off. It's high time we quit letting these third-world loonies dictate our energy and economic policies. Read my rant here.  Feel free to respond in the blog.  

scarz scarz
New User | Posts: 7 | Joined: 07/07
Posted: 07/31/07
12:42 PM

I couldn't agree more!  I wish it were possible for us to stop buying oil from them all together.  Oh well Frown  
howz it!?