Driving with Bio-ethanol
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Archive for May, 2008

And the oil price keeps on rising…

Friday, May 23rd, 2008

Last month I wrote about how the price of bio-ethanol in Germany had gone up for the first time since I bought my bio-ethanol car, however it is still much cheaper than the prices at the petrol pumps last weekend: around 1,559EUR per litre!

Today those prices look set to rise even more, as the price of oil rises to $135 per barrel!

What is shocking is the fact that this is a 50% increase on the price that I was blogging about only half a year ago.

So where is it going to stop?  How long until we reach the 2EUR/litre price?



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