Sunday, September 20, 2009

CERA: News: Recent Articles: Oil has reached a turning point

CERA: News: Recent Articles: Oil has reached a turning point: "If “Ethanol” was a country, it would have been ranked number five last year among countries in terms of production growth.

The break point is already here. Oil is in the process of losing its almost total domination in ground transport. It is not going to fade away soon – such is the scale of its use and convenience, it will retain a dominant position for many years. But it will share the transport market with other sources as never before, reinforced by a new drive for fuel efficiency."

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