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farmnut1985 (33.76)

July 2009

Recs

10

The growth of Biofuels

July 07, 2009 – Comments (11) | RELATED TICKERS: ADM , COP , BP

Biofuels are in our future. The question is, how soon, and for how long will they be there?  There has been a surge in research in this area in recent years as the government has created a big push for alternatives due to our recent high fuel prices.  (I consider last summer still recent).  As you all already know, the lower crude prices we are seeing will not last long in the grand scheme of things, and I still consider crude cheap at $70 a barrel, maybe it’s about right at the moment considering the world’s economic state, but when the world emerges from this mess, I am afraid to see what crude will reach.  [more]

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