CRUDE OIL - A SHRINKING RESOURCE

CRUDE OIL, ENERGY, SHIPPING

Thursday, March 15, 2007

Bush turns green

After the PEAK OIL prices on 'Rambo frenzy' draw the first blood, we see the spotlight now shifting over to the alternate fuels specially the biofuels.

Recent visit of the US President to Latin America, if anything, is "U" turn in season, color and the spirits. His favourite number these days goes as follows:

Petro on Rock is no joy, not anymore.
Gotta mix a lil rum to give it some head.
Make it large, strong and sweet.
Gotta fix those heady guys of Middle East...

And his favourite one liner, "Plough, not dig."

Vast fertile land of Americas, will now be gearing up to produce feed stock for ethanol. Corn is soon to set ambiguity in an IQ test, with regards whether to be related to bread or car.

Opportunists have already started taking positions in related industries and establishments. Farm land prices have moved to the top gear.

It will take a while to realize the impact of the move, but 'love thy neighbour' politics is on. It, sure, will change image of President Bush to that of a 'Candy boy from West.'

cheers!!!

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