[M.D. Holloway]

Starve Mexicans? Please. The only a Mexican is gonna starve is if he is can't get his sub-minimum wage from a food processing plant. Corn and beans have been bumper - yields are at record levels in many sectors and the interesting thing is is when this normally occured it meant a drop in the bushel fetch - not so with the bio futures kicking in. It is a market driven on speculation just like the crude market.

My point about the wells starting up again has everything to do with profiteering - plain and simple.

As for capacity - that is reference to peak production being hit. It hasn't. From drilling or from refining. The jack well mentioned is a fine example for new found sweet but maybe it also should be mentioned are the exploration and drilling restrictions imposed along the gulf as well as dozens of sites throughout the Southwest and West and lets not even bring up Alaska - thanks to mineral rights laws and enviromentalists concerns. Not saying they are not just...

As for BP funding research into other sources like Bio-fuels? I would be very surprised if they didn't. They are not dumb by any measure. Ask yourself this question, if you headed up BP and needed good press and a diversified play what would you do? I would not bank on the crude much the same reason why Chevron or ExxMo is involved in many facets of petrochemical feed stock not just light or medium distillates.

Now, I have to go back to sniffing aromatic hydrocarbons!