Brazilian President Luiz Ignacio Lula da Silva wants to get his country into OPEC -- a move that could lower the price of oil worldwide. With a booming biofuel business alongside new oil reserves, Brazil is poised to become a global energy leader. Brazil's President Luiz Inacio Lula da Silva will host German Chancellor Angela Merkel in Brazil next week. In 2007, a huge oil reserve was discovered off the coast of Brazil's Rio de Janeiro. The find boosted Brazil's oil reserves by 40 percent and could catapult the South American nation into the top rank of global producers. In an interview with SPIEGEL President Luiz Ignacio Lula da Silva said that Brazil wants to join the OPEC oil cartel -- a move that could lower petroleum prices worldwide. Brazil is banking on more than just oil. In the interview, the president emphasizes the country's economic successes. Of particular note are the huge gains Brazil has made in the production of biofuel (more...), especially environmentally friendly ethanol from sugar cane. By 2025, Brazil hopes to supply its own energy needs entirely with ethanol and produce enough of a surplus to fuel 5 percent of the world. "Our production costs are unbeatable," Lula said.
Brazilian President Luiz Ignacio Lula da Silva wants to get his country into OPEC -- a move that could lower the price of oil worldwide. With a booming biofuel business alongside new oil reserves, Brazil is poised to become a global energy leader.
Brazil's President Luiz Inacio Lula da Silva will host German Chancellor Angela Merkel in Brazil next week. In 2007, a huge oil reserve was discovered off the coast of Brazil's Rio de Janeiro. The find boosted Brazil's oil reserves by 40 percent and could catapult the South American nation into the top rank of global producers. In an interview with SPIEGEL President Luiz Ignacio Lula da Silva said that Brazil wants to join the OPEC oil cartel -- a move that could lower petroleum prices worldwide.
Brazil is banking on more than just oil. In the interview, the president emphasizes the country's economic successes. Of particular note are the huge gains Brazil has made in the production of biofuel (more...), especially environmentally friendly ethanol from sugar cane. By 2025, Brazil hopes to supply its own energy needs entirely with ethanol and produce enough of a surplus to fuel 5 percent of the world. "Our production costs are unbeatable," Lula said.
Brazilian President Luiz Ignacio Lula da Silva wants to get his country into OPEC -- a move that could lower the price of oil worldwide.
WTF? In the long run, we're all dead. John Maynard Keynes
And this has been another edition of I print the crap that comes out of my ass.
A pleasure I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude
