Methinks that Hugo promises too much. How does he know what supply or
demand conditions will be 100 years from now?

He may be right about ethanol, but shouldn't we be figuring out how to
replace gasoline?

On 4/11/07, Yoshie Furuhashi <[EMAIL PROTECTED]> wrote:
<http://www.bloomberg.com/apps/news?pid=20601086&sid=aFlVHjbs2d5w&refer=latin_america>
Chavez Guarantees Latin American Energy Supply for 100 Years
By Theresa Bradley

April 10 (Bloomberg) -- Venezuelan President Hugo Chavez called for
the creation of a Latin American energy system to prioritize local
markets in a ``true energy revolution,'' guaranteeing oil and gas
supply to the region for 100 years.

``All the oil and energy that Latin America needs is here in
Venezuela,'' Chavez said tonight at a graduation ceremony in Caracas.
``That resource, once in the hands of the empire, is now in Venezuelan
hands, and we have it to share with the people of Cuba and the
Caribbean, Nicaragua and Central America, Brazil and South America, at
least for 100 years.''

Chavez called proposals by U.S. President George W. Bush to substitute
gasoline with ethanol in a bid to reduce U.S. reliance on foreign oil,
``true craziness'' that ``go against nature'' and threaten the
region's poorest inhabitants.

``To produce the ethanol necessary to replace the gasoline that the
U.S. alone consumes, we'd have to plant almost all the land on this
continent with corn or sugar cane -- not to feed people, but to feed
the cars of the U.S. empire,'' he said. ``That's craziness.''

Chavez said the U.S. proposal would never sabotage relations between
Venezuela and its ethanol-producing neighbor, Brazil, as Brazilian
President Luiz Inacio Lula da Silva has offered ``serious'' bio-fuel
plans that are in fact different from what Bush has led the world to
believe.

``We'll never fight with Brazil on this, we'll never fight with
Lula,'' Chavez said. ``The world press says, `It's `Fidel and Chavez
against Bush and Lula.' No, it's not like that. It's Fidel and Chavez
against the U.S. empire.''
--
Jim Devine /  "Segui il tuo corso, e lascia dir le genti." (Go your
own way and let people talk.) -- Karl, paraphrasing Dante.

Reply via email to