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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (286247)4/30/2006 6:57:22 PM
From: longnshort  Respond to of 1573911
 
so kerri taking both sides wasn't a campaign plan?? yeah right. Just like Hillary is now religous and Pelosi and other dems are now quoting the bible



To: RetiredNow who wrote (286247)5/1/2006 1:08:10 PM
From: Alighieri  Respond to of 1573911
 
Please. You embarrass yourself.

He's among those who've been fooled (or is it fools?) only twice...

Al



To: RetiredNow who wrote (286247)5/4/2006 6:33:50 PM
From: tejek  Respond to of 1573911
 
Sugar high

By Chris Kraul

Los Angeles Times

CALI, Colombia — In a lush valley flanked by the Andes Mountains, sugar is sweet again for cane grower Andrés Martinez. Global prices of sugar have doubled in the past year, hitting 15-year highs and creating a windfall.

The reason: ethanol, an alcohol made from sugar that is in demand worldwide as an additive to gasoline to produce biofuel.

"This has been a nice surprise, although the full impact is only beginning to reach us," said Martinez, an agronomist who works a 50-acre farm in the Cauca Valley, which is carpeted with sugar cane.

Sugar is one of many commodities whose prices have skyrocketed in recent months. Crude oil, copper, soybeans and timber are up dramatically thanks largely to increased demand from China and India.

Latin America's economies, whose fortunes rest on natural resources, have especially benefited from the boom. Lifted by exports of coal, coffee and crude, in addition to sugar, Colombia's economy grew 5.3 percent last year, among the strongest rates in the hemisphere.

Increasing percentages of the cane harvests in countries such as Brazil, the world's largest sugar exporter, and Colombia, which ranks No. 7, are being diverted to making ethanol, which is constraining supplies and driving up prices.

Ricardo Villaveces, president of Colombia's largest association of cane farmers and sugar-refinery owners, said demand for biofuel is causing a change in the sugar market. He noted that even President Bush has jumped on the bandwagon, saying in his State of the Union message in January that Americans should use more biofuel.

In Colombia, ethanol's future is now. Since November, motorists in three large cities — Cali, Bogotá and Popayán — have been required by law to fill their tanks with at least 10 percent ethanol.

Over time, the list of cities and the share of ethanol will increase as the country reduces its dependence on oil, officials said. In Brazil, motorists are required to buy fuel that contains at least 40 percent ethanol.

Drivers don't get much of a break with ethanol. In Bogotá, they pay about the same as for a gallon of regular gasoline, but get 20 percent fewer miles per gallon, according to several taxi drivers.

The biofuel law is spawning investment in ethanol infrastructure in the Cauca Valley, Colombia's sugar-growing capital.

Two ethanol-processing plants have been completed, two are under construction and as many as six more are on the drawing board. Total investment in ethanol-processing facilities here could easily reach $100 million, said Cali Chamber of Commerce President Julian Dominguez.

continued............

seattletimes.nwsource.com