Environmental Law & Economics: FME Newsletter, No. 10: Structure of U.S. oil consumption, biofuels, Vaclav Klaus

Radovan Kazda
Environmental Policy Analyst
Conservative Institute of M. R. Stefanik
radovankazda[at]institute.sk

Wednesday, June 04, 2008

FME Newsletter, No. 10: Structure of U.S. oil consumption, biofuels, Vaclav Klaus

By Radovan Kazda, blog.sme.sk (link)
1.) To the fans of the theory, that U.S. unleashed Iraq war because of oil, it is needed to remind that while U.S. import takes to 60% of its oil needs, a half of that is imported from Western hemisféry. Arab oil takes only 16% share, what is even less than imports from Africa. Official U.S. energy statistics inform. (link)
2.) By the way, biofuels. Food crises belongs to one of the few preferred policy theme, on those experts relatively consist: vigorous demand for food-stuff in China and Indies, drought down under, growth sickness absence beast, support biofuels, continens price and administration regulations adjustment. It says also famed economist Gary Becker on his blog, kept with Richard Posner.

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