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The New York Times
U.S. and Brazil Seek to Promote Ethanol in West
Lalo de Almeida for The New York Times
By EDMUND L. ANDREWS and LARRY ROHTER
Published: March 3, 2007
WASHINGTON, March 2 - President Bush, hoping to reduce demand for oil in the Western Hemisphere, is preparing to finish an agreement with Brazil next week to promote the production and use of ethanol throughout Latin America and the Caribbean, according to administration officials.
The agreement could lead to substantial growth in the ethanol industry in Brazil as technology and manufacturing equipment developed there is exported to other countries in the region.
Much of the ethanol produced there is made from sugar cane and is far cheaper to produce than the corn-based ethanol that has been nurtured by protective tariffs and government mandates in the United States.
- By Gus Leonisky at 3 Mar 2007 - 8:45pm
- Gus Leonisky's blog
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peak oil has started
From the New York Times
Oil Innovations Pump New Life Into Old Wells
By JAD MOUAWAD
Published: March 5, 2007
BAKERSFIELD, Calif. — The Kern River oil field, discovered in 1899, was revived when Chevron engineers here started injecting high-pressured steam to pump out more oil. The field, whose production had slumped to 10,000 barrels a day in the 1960s, now has a daily output of 85,000 barrels.
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Gus: This "new" technology is not new... It has always been there — at the ready when peak oil is reached. Peak oil does not mean the oil has totally run out but that the natural pressures cannot let it come to the surface any more and that the field IS DRYING OUT but has some oil still in it. It just makes oil more expensive and soon we should see the price of oil go up by a few notches....
willingness to consider doesn't cost much...
From the NYT
...
The Bush administration has also signaled a new willingness to consider including workers’ rights guarantees in trade accords. [Page C1.]
Mr. Bush’s trip will be his longest to the region. But his promises of American support and assistance are likely to fall short of what Mr. Chávez, with his oil wealth, has been delivering recently.
...
Gus: If Chavez had not turned up with his barrels of money, Bush would not have been so "willing to consider" being a bit more open-minded about giving the illusion to care about the poor and the workers in South America.