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Remarks at Petrobras Transporte S.A. Facility in Sao Paulo, Brazil.

Article Excerpt
March 9, 2007

Thank you for your hospitality, Mr. President. It's good to be back in your beautiful country. Laura and I really have been looking forward to the trip to Sao Paulo. It's one of the world's great cities. And I have been looking forward to our conversations. You know, Brazil and the United States are the two largest democracies in our hemisphere, and we've got a lot in common, and we've got a lot to do together to improve the lives of millions in our respective countries and, hopefully, in neighboring countries as well.

I find it really interesting that much of our talks on this visit are going to be centered on energy. It's a new kind of energy. I don't think 20 years ago, an American President or a Brazilian President would have thought, "Let's see; see if we can find common ground on energy production." And yet, as the President noted, that we had a long discussion in Brasilia about alternative fuels. And now we're at a plant that's actually manufacturing alternative fuels on an economic basis that has got the capacity to change our respective countries in the world. And I, like the President, am very upbeat about the potential of ethanol and biodiesel. And that's why we're here.

I do want to thank Sergio Gabrielli, who is the president of Petrobras, for...

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