Gas prices are on the rise again. The national average is now just under $4.00 a gallon, and it’s sure to rise as the summer driving season rolls near. The pesky detail not often mentioned is that our ethanol policy is a contributing factor toward these higher fuel prices. The United States is the world’s largest producer of ethanol, with Brazil a close second. However, Brazil’s sugar-based ethanol is cheaper, more efficient, and cleaner burning than our corn-based product. Yet special interests have managed a rather sweet deal for our …
President Barack Obama deflected blame for high gas prices yesterday, by blaming American consumers for their automobile choices. According to the AP, at an event at a wind turbine plant, “Obama needled one questioner who asked about gas prices.” Obama laughingly said: “If you’re complaining about the price of gas and you’re only getting 8 miles a gallon, you know…you might want to think about a trade-in.” (The AP later scrubbed this quote from its stories) For most Americans, however, high gas prices are no laughing matter. And for the …
It took them a week and a half, but The Washington Post editorial board has finally noted the absurdity of President Barack Obama’s support for oil drilling … in other countries. From today’s paper: When was the last time an American president stood before an audience in a foreign country and announced that he looked forward to importing more of its oil? Answer: Just over a week ago, when President Obama joined political and business leaders in Brasilia in hailing the fact that their newly discovered offshore petroleum reserves might …
The Obama Administration has already presided over the steepest rise in gas prices since the Carter Administration. And like President Jimmy Carter, PresidentBarack Obama has restricted traditional domestic energy development at every turn. According to the Energy Information Administration, President Obama’s Gulf drilling moratorium will cause domestic offshore oil production to fall 13% this year . Absent the Obama moratorium, the EIA had predicted a 6% increase in offshore production from 2010 levels. That means President Obama’s Gulf moratorium alone will cost American consumers 220,000 barrels of domestic oil production …
Food prices are on the rise across the globe, fueling much of the political unrest that continues to rage in parts of the Middle East. Unexpectedly severe weather and soaring demand have pushed food prices to “dangerous levels and threaten tens of millions of poor people,” said World Bank President Robert Zoellick earlier this month. “Global food prices are approaching an all-time high,” agreed Secretary of State Hillary Clinton in her testimony before the Senate last week. If food shortages caused by the rise in prices continue, Latin America could see …
Ever since President Obama announced in his State of the Union speech that he will travel in March to Brazil, Chile, and El Salvador “to forge new alliances across the Americas,” dozens of White House and State Department officials have been meeting with people in those three countries to plan details of the state visits. It is surely no accident that the Obama visit will fall during the 50th anniversary of President John F. Kennedy’s announcement of his Alliance for Progress, “which was aimed at accelerating economic and social development …
As a rising international power, Brazil under President Luiz Inacio Lula da Silva outlined a comprehensive national defense plan aimed at controlling and defending national territory, extending its maritime reach, and developing cutting-edge defense technology. The plan calls for reorganization of the army, air and space capabilities to cover Brazil’s extensive territory (including the Amazon), and augmented maritime defense capabilities reportedly designed to project Brazil’s offshore oil deposits. Brazil’s original shopping list included a nuclear-powered submarine and as many as 36 advanced fighter aircraft. Proposals to update the Brazilian air …
On October 31, 2010, Brazilian voters elected that country’s first female president: Dilma Rouseff. Ms. Rouseff of the leftist Workers’ Party defeated her Center-Right rival Jose Serra by a margin of 56 percent to 44 percent of the votes cast. A former leftist guerilla turned technocrat, Ms. Rouseff was chief of staff to outgoing President Luiz Inácio Lula da Siva. This is her first elected post. Ms. Rouseff glided into presidential office on a crest of optimism generated by the policy successes and popularity of Lula, Brazil’s popular president. With …
The cold blooded murder of 72 illegal migrants by members of Mexico’s notorious Zeta cartel in the state of Tamaulipas is another stark and gruesome reminder of the current criminal and drug-related turmoil in Mexico. According to press reports the victims came from Honduras, El Salvador, Brazil and Ecuador. The lone survivor stated the migrants were killed for failing to pay off their Mexican captors. This massacre runs against the conventional narrative that the escalating violence in Mexico primarily pits drug trafficker-against-drug trafficker. It shows the significant overlap between transnational …
Last week the Obama Administration released its National Security Strategy for 2010. The document waxed fulsome in praise of Brazil as an “emerging center of influence.” It welcomed “Brazil’s leadership” which promises “to move beyond dated North-South divisions to pursue progress on bilateral, hemispheric, and global issues.” Brazil’s decision, along with Turkey, to vote against new sanctions on Iran was certainly not the type of leadership the White House envisioned from Brazil. For months Brazil has stood, despite mounting evidence to the contrary, in support of Iran’s right to “a …
