Berkshire Hathaway Charlie Munger on Ethanol Written By: David Neubert 2007-05-05 14:23:46 When asked by a shareholder about ethanol, Charlie Munger made the following statement:
We already know that America is by far the largest consumer of oil in the world. We have actually known that for a long time, it just wasn't until recently that The Powers That Be decided that this is a dangerous thing. So, it appears that the next big investment opportunity is to reduce that number drastically, and we are diligently putting our best scientists to work at it.
Ethanol: Down But Not Out (Part Two) Written By: Mark Bershatsky 2007-03-04 20:45:13 It is apparent that, when considering the growth in the ethanol industry as of late (there is currently twice as much manufacturing capacity under construction in the U.S. than is currently online), the industry could be heading for severe overcapacity. So why do these refineries continue to get built at such a rampant pace with no apparent regard for the potential consequences?
University Research for Sale to Big Oil Written By: Miranda Marquit 2007-05-21 13:26:38 Big Oil is buying the good reputations associated with many prestigious universities in the hopes that it will "green wash" company images, get the public and Congress off their backs and increase sales.
