Market News 
05.22.08
US Says Oil Prices Reflect Supply-Demand
US Energy Secretary Samuel Bodman said that crude oil prices, which hit a record...
05.21.08
Canada to Invest $25 Million in Phillippine Biofuels
Canadian-based biodiesel company Green Corporation, in collaboration with the Ca...
05.20.08
USDA Says Biofuels Not A Cause Of Higher Food Costs
The U.S. Department of Agriculture has released a report showing that high energ...
05.19.08
Argentine Farmers to Rally May 25
In Argentina, the four farmer associations which have coordinated the strike put...
05.15.08
Credit Suisse: "Reversing US Ethanol Policy Will Not Lower Grain Prices"
A report by Credit Suisse suggests that reversing US ethanol policy, including s...
05.14.08
DuPont and Genencor Form Cellulosic Ethanol JV
DuPont has formed a joint venture with Danish company, Genencor to develop and c...
05.12.08
US Biodiesel Industry To Ask For WTO Action
According to the Financial Times, the US biodiesel industry will lobby for World...
05.09.08
US Congress Agrees on Farm Bill
The US Congress has reached agreement on a $285 billion Farm Bill. Among its pr...
05.08.08
ADM Delists From Chicago Stock Exchange
Archer Daniels Midland Company has notified the Chicago Stock Exchange of its in...
05.07.08
Goldman Sachs Says Oil Could Reach $200 Per Barrel
Oil could rise to $200 within the next two years as part of a "super-spike" driv...
Biofuels Reduce Risk of Oil Price Spikes
08.14.08
According to a report by the UK’s Royal Institute of International Affairs, oil prices could reach $200 per barrel if demand does not decrease over the next five to ten years.
Inadequate investments by national and international oil companies and a supply crunch around 2013 could lead to the spike. The Institute said energy policy needed to reduce oil demand, increase oil supplies or increase non-conventional fuels such as biofuels.
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