Oil Prices Continue To Drive Up Cost of AdBlue

Again last Friday Oil prices leapt again to record highs.

This time an increase of $10 (about 8%) pushed the price per barrel to another all time high of $138.54 on the New York Exchange.

Energy experts have claimed that the majority of oil producers have not the capacity to increase output to help satisfy demand, with the only exception being Saudi Arabia which despite delivering 9.4 million barrels a day are capable of increasing this to almost 11.5 million.

Energy Ministers have gathered at the G-8 to discuss how best to tackle the issue and indentify if current oil prices pose a risk to the global economy.

These continual increases have forced further increases in production costs associated to AdBlue, with raw Urea prices almost doubling to what they were 2 months ago.

Energy efficiency seems to present the best solution to tackle rising costs, "We also have to address too the demand side of the equation," said John Hutton, Britain's business secretary. "We will do that through new measures to improve energy efficiency (and) accelerate our moves to a new, low-carbon form of energy generation."