adam sieminski? guest: the exploration of what can be done with alternate fuels is an ongoing activity here in the u.s. there has been lots of things happening. inare using a lot of ethanol our gasoline. we are up to 10% essentially of the gasoline supply coming from ethanol. there is a lot of experimentation along with fuelced biofuels, these of -- diesel fuels. methanol is one of the possibilities, but so far the cost of doing that has been higher than the number of the alternatives under way. in our long-term projections for fuels going out in 2040, we see quite a bit of fuels like ethanol in brazil and the u.s. we think that there will be gas to liquids projects in places, it likely here is even in the united states. and coal we see, as you mentioned, coal-to-liquids activity going on. 2040, even say by with quite a bit of progress in this area, it will still represent less than four percent of the world supply. host: adam sieminski was sworn -- we arehead of the looking at a new report from the

host: adam sieminski, we see some of the key findings.ed to increase 56% by 2014. u.s. consumption grew by less than 10%. u.s. consumption pick up is going to be in a number of guest:. electricity consumption will rise and fuelling consumption will rise. we believe coal will hold onto most of its market share over our protection period. automobiles are getting more miles per gallon. that will allow petroleum and liquid fuel consumption to come down over time despite the fact that there will be more cars on the road. host: frank verrastro, what does that mean by you -- what does that mean to you? guest: we have gone to a service-type society. we can be more competitive. there are great opportunities. host: will we be more reliant or less reliant on foreign resources by 2040? guest: we will be less reliant. there is this big chasm between and a lot of infrastructure investment has to happen. a lot of above-ground issues that we frequently talk about. host: as we look at opec production, it is predicted to, mainly from the middle east. that