Soya Beans Could Help Beat Oil Prices

High oil prices on the international market have prompted many countries throughout the world to start looking to alternative forms of energy such as bio-fuels. Oil prices this year opened at more than US $100 per barrel, heralding years of expensive fuel.

With increased demand for oil in emerging economies such as those of China and India will mean that it is unlikely that the prices of this essential commodity will ever come down. In May, oil prices peaked at around US $ 130 a barrel when the same volume cost a mere US $ 22 in 2005.