Recent studies indicate that as the price of a barrel of oil rises to $80, the use of biodiesel as an alternative fuel becomes economically viable.

Question

Quizplus · Accepted Answer

As the price of a barrel of oil increases, alternative fuels like biodiesel become more competitive in the market. When oil prices are high, the cost difference between biodiesel and conventional diesel narrows, making biodiesel an economically viable alternative.

Recent Studies Indicate That as the Price of a Barrel