Vernolic acid since it will become incorporated in the dry paint rather than evaporating into the air." This use of vernonia oil offers potential environmental benefits, since its use could reduce emissions associated with man-made chemicals. In its application as an epoxy oil, vernonia oil competes with soybean or linseed oil, which supply most of the market for these applications. Its low viscosity makes it more desirable than fully epoxidized linseed or soybean oils. It is more comparable to partially epoxidized linseed or soybean oil. Vernolic acid is not commonly found in plants in significant quantities, but some plants which do contain
World oil market chronology from 2003 two major oil suppliers reducing supply generated fears of a repeat of the 1973 oil crisis. The mid-July decision of Saudi Arabia to increase oil output caused little significant influence on prices. According to the oil minister of the Islamic Republic of Iran, Gholam-Hossein Nozari, the world markets were saturated and a Saudi promise of increased production would not lower prices. Several Asian refineries were refusing Saudi petroleum in late June because they were over priced grade. On July 3, "the Brent North Sea crude contract for August delivery rose to $US145.01 a barrel" in Asian trade. London Brent crude