Brazil’s new oil field on WABC radio with John Batchelor on Driving the Nation

Brazil’s new oil field on WABC radio with John Batchelor on Driving the Nation

John Batchelor talks to Lou Ann Hammond, CEO, www.carlist.com from Sao Paulo, Brazil. Brazil has announced a new oil field, Tupi, that holds 5-8 billion barrels of oil and natural gas.

Brazil makes alcohol out of sugar cane. Brazil is off the dependence of foreign oil. 75-80 percent of Brazilian cars are flex-fuel. Alcohol is mandated by the government to be in gas stations, as well as having alcohol in gasoline.

In US dollars a gallon of gasoline in Brazil will cost $6.70 and alcohol costs $3.80 a gallon.

How much will it cost to produce this oil and does Brazil have other energy problems?

About the Author:

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a member of the North American Car and Truck of the Year (NACTOY), Women's World Car of the Year (WWCOTY), and the Concept Car of the Year.

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