Articals of interest to the coal industry.

Monday, October 30, 2006


Here's how "Brazil did it and so can we" as Bill Clinton says, if the American public ever wakes up to the fact we are at war with a faceless enemy in a region where we currently get the majority of our oil. Bill is just not real clear about what they did and what we need to do. Such is politics!

Brazil Celebrates Energy Independence
Oct 29 2006 6:43PM

...but not because of ethanol.

Energy: Bill Clinton’s back, now touting tax hikes for ethanol to California voters. “If Brazil can do it, so can we,” he said, claiming an ethanol switch ended Brazil’s need for foreign oil. Once again, he’s telling whoppers.
Brazil did achieve independence from foreign oil all right. It happened this past April. But Clinton, true to form, doesn’t quite recall the critical point showing how it was done.
Here’s a clue for the semi-retired former president and policy wonk: Brazilian President Luiz Inacio “Lula” da Silva didn’t celebrate the oil independence milestone out in an Amazon sugar field.
No, he smashed a champagne bottle on the spaceship-like deck of Brazil’s vast P-50 oil rig in the Albacora Leste field in the deep blue Atlantic. Why? Brazil’s oil independence had virtually nothing to do with its ethanol development. It came from drilling oil.
We could do that here in America too, except that the Democrats won’t let the “evil” oil industry exploit our domestic oil reserves in the Alaska National Wildlife Refuge or other areas.

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