India Calls for Bigger Biofuel Push as Oil Prices Soar As crude oil prices reach unprecedented heights, India is seeking to diversify its energy sources and reduce dependence on imported oil.
The country's Prime Minister's Office has called for an expansion of biofuel production and consumption, citing the benefits of maximizing value from every available resource.
A Perfect Storm of Crude Oil Imports India, the world's third largest crude oil importer, is paying a heavy price for alternative crude supplies since the Middle East crisis began.