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Axis of Ethanol
INVESTOR'S BUSINESS DAILY ^ | 8 Feb 2007 | Staff

Posted on 02/08/2007 7:35:28 PM PST by Kitten Festival

Energy: Could lowly switch grass mow down the petropower tyranny of Venezuela's Hugo Chavez? A U.S.-Brazil ethanol pact signed this week may supply the fuel to do just that.

Chavez's hostile anti-American dictatorship grows worse as his oil earnings pile up. With the U.S. as his best customer, buying about a quarter, or 1.1 million barrels, of Venezuelan crude oil each day, the bitter coda is that every barrel we buy fuels his anti-U.S. actions.

These range from crazed speeches to colonial acquisitions like Bolivia to rogue-state alliances with Iran and Zimbabwe to menacing moves against neighbors like Dominica, Guyana and Colombia with $4 billion in weapons purchases.

High oil prices, low supply and his own expropriations of foreign oil partners in Venezuela only increase Chavez's oil cash and clout. The U.S. has been largely helpless, because it has few alternatives to buying Venezuelan crude.

But a new deal announced with Brazil to pool ethanol technology and produce greater quantities of ethanol in both countries could help. ...

The ultimate aim of the ethanol deal is to create a commodity market. This could give every country in the region alternatives for energy buying. In turn, it will undercut Chavez's monopoly and abusive influence.

Undersecretary of State Nicholas Burns, who flew to Brazil to iron out the deal, made no secret of that. "Energy has tended to distort the power of some of the states we find to be negative in the world — Venezuela, Iran," said Burns, quoted in the Washington Post. "And so the more we can diversify our energy sources and depend less on oil, the better off we will be."

...this signals an impressive new U.S. diplomatic offensive

(Excerpt) Read more at investors.com ...


TOPICS: Editorial; Foreign Affairs
KEYWORDS: brazil; chavez; corn; cornsqueezins; energy; ethanol; hugoping; oil; renewableenergy; switchgrass
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Burn corn squeezins, make Chavez drink his oil.
1 posted on 02/08/2007 7:35:29 PM PST by Kitten Festival
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To: Kitten Festival

Burn corn, half the 3rd world will starve.
bad, bad choice.


2 posted on 02/08/2007 7:36:50 PM PST by xcamel (Press to Test, Release to Detonate)
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To: Uncledave

ping


3 posted on 02/08/2007 7:36:53 PM PST by Calpernia (Breederville.com)
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To: Kitten Festival

Together with all other drinkers, I'm a proud Axis of Ethanol member. Ted K. is an honorary chair, BTW.


4 posted on 02/08/2007 7:38:15 PM PST by GSlob
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To: xcamel
Burn corn, half the 3rd world will starve.

Boo hoo.

5 posted on 02/08/2007 7:40:49 PM PST by IronJack (=)
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To: Kitten Festival

tortilla bump


6 posted on 02/08/2007 7:40:58 PM PST by Dajjal (See my FR homepage for an essay about Ahmadinejad.)
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To: xcamel

Brazil has a surplus of sugar cane based ethanol, it makes sense to buy that from brazil rather than produce corn based ethanol here which is far more expensive to produce and does effect food prices.

Ethanol is an ok stopgap measure to place a thumb in the eye of chavez and the mullas but it is not the long term solution


7 posted on 02/08/2007 7:42:59 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: mylife

Brazil also has found a new offshore oil reserve.


8 posted on 02/08/2007 7:44:46 PM PST by SouthTexas (It's snowing in Texas, where is OUR global warming?)
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To: Kitten Festival; All

Make your own. The gubmint requires you add stuff to make it undrinkable.

http://www.ethanolstill.com/


9 posted on 02/08/2007 7:45:32 PM PST by dynachrome ("Where am I? Where am I going? Why am I in a handbasket?")
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To: SouthTexas

Yes, and thats what we need to do. Sink oil wells and look at shale oil


10 posted on 02/08/2007 7:46:59 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: xcamel
Burn corn, half the 3rd world will starve. bad, bad choice.

Sugar Beets..
Lots & lots of sugar beets..

11 posted on 02/08/2007 7:47:11 PM PST by Drammach ("If you make yourselves sheep, the wolves will eat you." -- Benjamin Franklin)
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To: mylife

There's lots of oil in ANWR!


12 posted on 02/08/2007 7:49:12 PM PST by SouthTexas (It's snowing in Texas, where is OUR global warming?)
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To: mylife
It does neither, and using food for fuel is about as stupid as the human race can get, unless the whole scam is based on junk science to begin with, which makes it waaay beyond dumb.
13 posted on 02/08/2007 7:49:45 PM PST by xcamel (Press to Test, Release to Detonate)
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To: Kitten Festival; Dog Gone; dalereed; Grampa Dave

Ethanol = Unsustainable, subsidized, food burning, mileage ruining, non-pipelinable, corrosive, caustic, economically backward FRAUD!!!


14 posted on 02/08/2007 7:51:16 PM PST by SierraWasp (Grayout Davis, Gang-Green Schwartzenegger... Recycled Jerry "Moonbeam" Brown!!! Watch for it in 4!!!)
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To: mylife
Ethanol is an OK stopgap measure to place a thumb in the eye of Chavez and the mullahs but it is not the long term solution


Exactly, it is not good enough but if we can use it in the short term, it might be worth the rise in food coast and extra pollution just to be able to tell some of these oil blackmailers where to go and how to get there and what to do when they've arrived.
15 posted on 02/08/2007 7:52:04 PM PST by Taichi
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To: SouthTexas

By the way, this really does hurt chavez as America is one of the only places that can refine their crappy "heavy sulphourous crude" He cant sell to a lot of people. We are his best customer.

It will be intersting to see if Silva does buisness with us.
It would be a crack in chavez's vision for SA


16 posted on 02/08/2007 7:52:11 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: xcamel

Ethanol is pretty lame as far as energy goes and I agree that food should be used as food rather than an inefficient fuel.

Ethanol has tons of problems, but if it means freedom from energy tryany in the short term, I say play the card


17 posted on 02/08/2007 7:57:58 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: SierraWasp

Before you all beat me up, I agree with every point youve made


18 posted on 02/08/2007 7:59:19 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: mylife
I also heard he is having problems with his infrastructure also. Seems this happens to many tyrants that nationalize their oil industry.

I'd like the see what would happen to the price of oil if we opened ANWR. Bet it would get real reasonable real quick. ;)

19 posted on 02/08/2007 8:00:06 PM PST by SouthTexas (It's snowing in Texas, where is OUR global warming?)
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To: SierraWasp

All you said plus tell the enviros to go pound sand and start using the hundreds of years of oil that lie under California and off it's coast.


20 posted on 02/08/2007 8:00:53 PM PST by dalereed
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