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Detailed text transcripts for TV channel - CNN - 20110416:00:17:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110416:00:17:00

Methanol out of natural gas. we could ramp that up. we've had capacity in the past. we've dismantled that capacity. we could add that to the biofuels mix. we need an open fuel standard. we need engines that can adapt to the multiple kinds of fuels. >> john, how long would that take? in terms of millions of barrels a day that would be the equivalent of? >> i think if he look over a three to five year period, that's another -- 1 million to 2 million barrels a day. up to 4 million, 5 million barrels a day in three to five years. in addition to that, we are making progress on higher miles per gall...

Detailed text transcripts for TV channel - CNN - 20110416:08:30:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20110416:08:30:00

But what we also need to do is address the electrical system. this is not just about transportation. >> let me stop you. you transitioned from production to efficiency. we're still within the one to ten year timeframe you're talking about? >> that's correct. we have a dying, aging electrical infrastructure that has to be addressed as well. >> does that improve efficiency in terms of the transmission system and therefore we need to produce a little less? >> yes. it does. and along with that are all kinds of domestic and commercial changes that can be made so that consumers use less electricity ...