State of the union address, 2006
President's state of union address:http://www.whitehouse.gov/news/releases/2006/02/20060201-5.html
Transcript: http://www.whitehouse.gov/stateoftheunion/2006/
Concerning energy, here is some excerpts,
"Keeping America competitive requires affordable energy. And here we have a serious problem: America is addicted to oil, which is often imported from unstable parts of the world. The best way to break this addiction is through technology. Since 2001, we have spent nearly $10 billion to develop cleaner, cheaper, and more reliable alternative energy sources -- and we are on the threshold of incredible advances.
So tonight, I announce the Advanced Energy Initiative -- a 22-percent increase in clean-energy research -- at the Department of Energy, to push for breakthroughs in two vital areas. To change how we power our homes and offices, we will invest more in zero-emission coal-fired plants, revolutionary solar and wind technologies, and clean, safe nuclear energy. (Applause.) "
No mentioning of Corn Fuel Ethanol ?
Corn Fuel Ethanol page: http://www.ontariocorn.org/ethanol/ethahome.html
An interesting link on how much ethanol needed in order to drive across the country?
http://science.howstuffworks.com/question707.htm
Given the oil/gas price today,
you'd wonder how USA is planning to win the auto sales war?
See an article at http://www.marketwatch.com/news/story.asp?siteid=mktw&dist=nwhpm&guid=%7B7B18E9E9%2D5BCD%2D4871%2D994F%2D83A257FB3A22%7D
"Sales at Toyota, Honda surge
Toyota Motor Corp. (TM: toyota motor corp sp adr rep2com News, chart, profile, more
Last: 102.11-1.69-1.63%12:50pm 02/02/2006 )
posted a 14% jump to 160,625 vehicles from 140,954.
The Toyota division posted sales of 140,967, a 14.9% rise from 122,706 in the same month last year; while the Lexus division saw sales rise 7.7%, to 19,658 from 18,248.
"The year's off to a respectable start, with hybrids and fuel-efficient vehicles leading the way," said Jim Press, head of Toyota Motor Sales. "January's bright job-market outlook and the uptick in consumer confidence bode well for the industry, as do signs the economy has bounced back from the Gulf Coast hurricanes."
Honda Motor Co. (HMC: Honda Motor Co., Ltd. Last: 28.90-0.16-0.55%12:50pm 02/02/2006 )
said U.S. sales surged 20.7% in January to 98,394 vehicles from 81,504. Sales of cars jumped by 24.9% year-over-year, while trucks gained 15.3%. The Honda division rose 24.4%; Acura sales, meanwhile, added 2.3%.
Nissan North America (%) , however, turned in a decline. Sales fell almost 1% to 75,891 vehicles from 76,584. Cars rose 2.4%, while trucks fell 4.2%. The automaker saw sales in its Nissan brand division edge down 0.1% year-over-year, while sales in its Infiniti division dropped 7.5%.
BMW Group (DE:519000: news, chart, profile) said U.S. sales rose 12% in January, to 22,218 from 19,764. BMW brand sales rose 14%, to 19,274 from 16,847, while sales of its Mini brand edged higher, to 2,944 from 2,917.
[EOF]
posted by SasaSam @ 10:00 AM
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