Two different thoughts on Biofuels

    • Two different thoughts on Biofuels

      ?( Let us see who may be right here.

      Thought 1 on Biofuels :
      This is from the general people of the world. With the prices of oil reaching over $130 a barrel a few days ago, people are hoping that an alternative energy source can be found. One of the answers is Biofuels. If Biofuels was available in abundance, some pressure would of course be put on the OPEC and the crude prices could ease off.

      Thought 2 on Biofuels :
      This thought is voiced by the oil rich countries and they warn strongly against Biofuels. What they say is that if the prices of Biofuels was high, then the farmers woud grow the Biofuels making plants rather thn grow crops. This would cause a world shortage on food as well as increase the food prices. One way of keeping the prices of crude high?

      What does an ordinary man do in the meantime? Look at the oil prices everyday and wonder. Today, fortunately, the prices have fallen to less than US$ 127 per barrel. Since many of us are not from oil rich countries, let us hope that the speculation ceases and we are back to realistic oil prices.

      Then the question is : What is the realistic oil price???
    • A thought on Biofuels

      The important thing to note is that crude oil is a non-renewable resource and it's depletion is inevitable.Biofuels using plants as feedstock will come handy in the long term as plants can always be grown.Consider Jatropha Oil, got from the seeds of the Jatropha curcas, a plant that grows in wastelands.It can supposedly grow on gravel, sand, saline soil and also in the crevices of rocks.It can be intercropped with other crops such as coffee, sugar, fruits and vegetable and yields oil of 540 to 680 litres per hectare. when such viable options are available, the Food Crop Vs BioFuel issue will not arise.Biofuels are the energy of the future and a proper weapon against the rising crude oil prices. (Jatropha Curcas- Wikipedia)
      Worldoils Notes : Daily Biofuels News