Monday, July 21, 2008

World Biofuels Industry Open Letter to OPEC

Many countries are affected with oil and energy prices. Even in the Philippines, the increasing of oil, gas and energy prices is non-stop. That’s why people are having a hard time to cope up with this problem. I saw on TV that people rally and beg to the government to lower the oil and gas prices and increase their wages too. Well, I think that wont help. I keep searching online on what will be the part of the solution for this skyrocketing energy prices. And guess what? I came across this website at and I found out that the World Biofuels Industry Open Letter to OPEC. How does this work? OPEC has forced the price of oil down. The growing volume of biofuels in the global fuels market is helping to keep world oil and gasoline prices lower than OPEC may like. Just like in Brazil. The gas prices in Brazil have not gone up in two years as a result of that nations increasing use of ethanol. So it means that the Biofuels Industry wants people to know that they can play a part in helping to ease the world’s oil problems. Visit their website for more information and read the press release about World Biofuel Leaders to OPEC.

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