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To: Jim Willie CB who wrote (31508)5/1/2005 11:28:01 AM
From: Haim R. Branisteanu  Respond to of 110194
 
the marginal control of crude oil is US corn and Brazil/India/Thailand sugar cane to produce Ethanol and substitute over 15% of gas consumption.

The short term solution is to just double the planting allocation and get serious about ethanol production and distribution.

... as such the control of energy cost is mostly with the guy in the White House and not some ME government



To: Jim Willie CB who wrote (31508)5/1/2005 11:28:49 AM
From: Square_Dealings  Read Replies (1) | Respond to of 110194
 
You're late

wilstar.com

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To: Jim Willie CB who wrote (31508)5/1/2005 6:36:12 PM
From: Tommaso  Read Replies (1) | Respond to of 110194
 
Well, the Saudis could cut production if they wished and that would certainly send prices up. But they have have mostly lost their ability to push prices down at will.

The issue of the Economist that just came out calls American energy policies "mad." The Economist is sometimes wrong but I think they have this one right.