Oil prices hit $90 per barrel!
--------------------------------------------------------------------------------
According to a recent nationwide online survey, 72 percent of the American public does not know that conventional plastic is made from petroleum products, primarily oil. Moreover, 40 percent of the respondents believe that plastic will biodegrade at some point. The survey was conducted by InsightExpress on behalf of Metabolix, a company that manufactures a biodegradable plastic made with corn. (Bioplastics are becoming quite popular these days — you can read more about them here).
In their press release, Metabolix says "...Very few people realize that plastics are made from oil, further contributing to the problems of energy dependence, greenhouse gas emissions and depleting resources. In fact, nearly 10 percent of U.S. oil consumption - approximately 2 million barrels a day - is used to make plastic.
