Biofuel increasingly competitive if oil surge lasts

Biofuels would be increasingly competitive if crude oil prices, which are back near all-time highs, were to go beyond $60 a barrel, officials at the International Energy Agency (IEA) said on Tuesday.
Soaring oil prices have encouraged major consumers worldwide to sharply increase their use of "green" biofuels, made from sugar cane, vegetable or grain oils.

Science News Article | Reuters.com: "Biofuel increasingly competitive if oil surge lasts"