Ethanol:

Marshall Institute's O'Keefe calls U.S. promotion of flex-fuels a 'gimmick'

With Brazil being considered an example of how the U.S. can achieve energy independence, a discussion is surfacing on just how Brazil was able to achieve its goals. During today's OnPoint William O'Keefe, CEO of the George Marshall Institute, discusses his new paper, "Considering Brazil's Energy Independence." O'Keefe talks about the co-existence of large-scale domestic oil production along with ethanol production in Brazil. He stresses that Brazil's energy independence has come as a result of an increase in domestic oil production. O'Keefe uses Brazil as an example of how the United States can gain its own energy independence. He also talks about the George Marshall Institute's relationship with Exxon Mobil Corp.