Quote Originally Posted by killerweed420
I like what Brazil has done with ethanol from sugar canes. They import NO oil.
Indeed... in fact, after some recent discoveries we are even exporting oil...
Coelho Reviewed by Coelho on . Speculative premium on oil at $ 60 a barrel: India Hit by the relentless rise in crude oil prices, India today sought an end to specualtive trading and suggested that oil producers and consumers vest control of the oil markets to cool overheated prices. An estimated 60 dollars per barrels is the "speculative premium" in the current oil prices, Petroleum Secretary M S Srinivasan said. "Speculative trading amounts to a few trillion dollars currently." India blames speculators working on the New York Mercantile Exchange for crude oil Rating: 5