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Brazils resilience against oil chaos: Flex-fuel cars and homegrown biofuels keep the country afloat amidst global oil market turmoil. With a robust ethanol production, Brazil avoids severe price hikes, unlike the US. The upcoming harvest promises a record 30 billion liters of ethanol, potentially covering all gas imports. Diesel, however, remains a concern due to high import costs. President Lula seeks stability with subsidies, while other countries like Mexico look to Brazil for energy model replication.
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Canada News Today | 2 Min News | The Daily News Now!

Canada News Today | 2 Min News | The Daily News Now!

Canada News Today | 2 Min News | The Daily News Now!