So Much For Unka Karl’s Math

Energy executive says Chimpy is pulling numbers out of his ass.

President George W. Bush’s goal of increasing U.S. renewable fuel use five-fold to 35 billion gallons annually by 2017 is impossible under current technology, the chief executive of leading U.S. refiner Valero Energy Corp. said on Thursday.

At best, current technology could double renewable fuel output to 15 billion gallons a year, Bill Klesse said during a Thursday morning conference call to discuss fourth-quarter earnings.

“Without some technology breakthrough, those goals are impossible,” he said.

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