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Peter G. Peterson was an American entrepreneur, investment banker and politician. He served as United States Secretary of Commerce during the Nixon administration and was Chairman of the Council on[…]

Ethanol is not a solution.

The fact that we consume 25% of the world’s own oil with less than five percent of the people and over four times the gasoline per capita than our European friends do. And now we’re in for a . . . in a fairly reckless way $300 and something billion dollars a year in oil, much of it from some of the most unsafe and unfriendly sources in the world; not to mention what we’re adding to our debt. Recorded On: 7/26/07


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