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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (186)	3/22/2011 7:00:18 PM
From: kidl	Respond to of 2504

Seems to me a lot of this oil demand could be taken care of with domestic NG (LNG) which is certainly not in short supply. Anyhow, didn't mean to turn this board into a discussion forum on US energy policy.

To: Dale Baker who wrote (186)	4/1/2011 7:09:10 AM
From: elmatador	Read Replies (2) \| Respond to of 2504

Mr. Obama ought to tell the whole story about Brazil, instead of just half of it. He touts the measures Brazil took to improve its energy independence, such as flex-fuel vehicles and biofuels. And yes, Brazil has gone from importing 77% of its oil from foreign sources in 1980 to importing no oil by 2009. A great success story in conservation and alternative energy? Not really. Total Brazilian oil consumption still more than doubled. The biggest factor is that Brazil increased its domestic oil production over the last two decades by 876% (not a typo). Most of that production has come from offshore exploration. Brazilians achieved independence from foreign oil the old-fashioned way—they drilled. Instead of tapping our Strategic Petroleum Reserve, how about tapping into our still-in-the-ground oil reserves? online.wsj.com