As Saudi Crude Flows to China, U.S. Need for Biofuels Grows
Tuesday, February 9th, 2010
The U.S. biofuels story is a mix of interrelated elements: energy security (lessening dependence on Middle Eastern oil), ethanol, a clean energy economy…and China.
Traditionally, the geopolitical reality plays out like this: the United States relies on politically sensitive Middle Eastern petroleum, which makes the U.S. particularly sensitive to oil price volatility, which in turn, compels the U.S. to invest money and human capital in guaranteeing supply.
But as a major corn producer, the United States commits corn resources to biofuels in the name of moving towards energy independence, price security, and a clean energy economy. Meanwhile, China is industrializing, making a lot of money in the process, and beginning to suck up a rapidly growing percentage of the global supply of crude oil.

Did you know that America’s largest installed solar power plant is located on
While Americans hang out with their families today (
Last night I had the dubious distinction of being the guy sitting next to former director of the CIA, Ambassador, and Undersecretary of the Navy (a post he held before I was born), and current Senior Vice President of Booz Allen Hamilton and partner at Vantage Point Venture Partners, R. James Woolsey.



