ballots and bailouts
daily dos
wed 10/29/2008
México has approved a bill that will allow private investment in the state-controlled oil company Pemex.
coughin'
daily dos
mon 2/11/2008

(image by Waka Jawaka via flickr)
Venezuelan President Hugo Chávez says he will cut off oil supplies to the U.S. if a dispute between his government, Exxon Mobil, the U.S. and Great Britain worsens. Chávez made a similar threat two years ago. The U.S. imports at least 1.3 million barrels a day from Venezuela, making it the South American country's biggest oil customer.
ouro negro
daily dos
mon 11/12/2007

(image by Fábio Pinheiro via flickr)
Brazil has announced that it has discovered oil reserves that could rival those of Venezuela and Saudi Arabia.
hiding out
daily dos
wed 10/24/2007

(image by laszlo-photo via flickr)
Brazil will spend $36 million to look for oil in the Amazon rainforest.
the block is hot
daily dos
mon 2/5/2007
Hugo Chavez pledges to nationalize Venezuela's oil operations by May 1.
Tortillas
entonces
sat 2/3/2007
Many people, including scientists and some big companies believe that we are running out of oil. What oil there is, is located mostly in very hostile environments. One possible alternative to oil is ethanol. Lately, there has been a high demand for ethanol. Even U.S. President George W. Bush said "We must continue investing in new methods of producing ethanol…" Ethanol is primarily made out of corn. The more demand there is for ethanol, the more expensive corn becomes. But ethanol is not the only product made out of corn. So are corn tortillas. Over the last six months, the price of corn meal for tortillas in Mexico has doubled. Most Mexicans rely on corn tortillas to keep from going hungry. Entonces: many Mexican families are now worried about going hungry because we may be running out of oil.
Images via Flickr by mattdente, swanksalot, Fábio Pinheiro, Omar Omar, Tjeerd, madpai, Señor Codo, presta, Amor Ministries and carlosfpardo.
Updates: At blog.wired.com, commenter Jon P points to the role played by Mexican trade policy, a factor also cited by The Dallas Morning News. But in a recent story on NAFTA, the San Diego Union-Tribune notes that "allowing corn imports is politically risky" in Mexico. See comments below for additional links and extended discussion.
soñando
daily dos
wed 1/24/2007
President Bush presented his State of the Union address, calling for cooperation between Republicans and Democrats and pledging to cut petroleum use by 20 percent.
on dubya dubs
daily dos
thu 1/11/2007
President Bush presents a plan to send over 20,000 additional troops to Iraq.
i lub ju
daily dos
thu 12/28/2006

(image via melpeloquin on Flickr)
Investment booms as analysts predict that liquefied coal may replace oil as the dominant source of transportation fuel.

