The Power and Interest Report (PINR), an independent organization that provides conflict analysis services, has published a new paper analyzing the rising cost of oil and efforts to free the United States from relying on foreign oil sources. The paper, authored by Michael Piskur, is titled ‘Record Oil Prices and Washington’s Desire for Energy Independence’ and is available on the PINR web site. The recent rises in oil prices clearly demonstrate the frequency of fluctuations in the costs of energy resources, PINR says, giving nations sufficient cause to explore non-traditional means for energy supplies. In the United States, the paper reports, the popular trend is toward unconventional fossil fuels and ethanol, with PINR noting that the ethanol industry in the United States will increase production by 40 percent this year over last year’s figures. The use of ethanol to free the United States from dependence on foreign oil is increasingly gaining popularity, and PINR says the U.S. government has been working with Brazil to further ethanol research and development efforts and to codify rules and regulations for ethanol production. The paper says Brazil’s goal is to be the supplier of 75 percent of global ethanol by 2012. Brazil […]
Wednesday, October 31st, 2007
PINR Analyzes Oil Prices, Alternative Energy
Author:
Source: Associated Content
Publication Date: 30-Oct-07
Link: PINR Analyzes Oil Prices, Alternative Energy
Source: Associated Content
Publication Date: 30-Oct-07
Link: PINR Analyzes Oil Prices, Alternative Energy
Stephan: Ethanol, as SR readers know, in my view, is a mistake because it is essentially a water technology, coming at a time when 60 per cent of the country is in drought. Also it will have the unintended consequence of pitting the poor's need for food against the insatiable dragon on energy consumption. It is also probable, as this report points out, that we will not be able to meet our own energy needs from purely domestic sources, which means we will trade one addiction for another.