Andy Grove, former CEO of Intel, wrote an interesting article on the effort of the USA to become energy independent back in the summer. I should have posted it back then but it somehow fell through the cracks of this blog site.
The oil prices plunging, we are beginning to see funding dry up for biofuels production. This is unfortunate since we will eventually need biofuels to supplement petroleum production while we work on electric transportation. I like to use the analogy of putting money into a savings account. If you don't start early, even when times are hard and money is tight, it is difficult to build up much of a nest egg.
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