We told you there are concerns Tata Motor's Nano will drive up oil prices. What does Tata chairman Ratan Tata think about this? In the first video below the fold, Ratan laughs it off. We told you Sir Mark Moody-Stuart, former Shell chairman said low MPG cars should be banned. Want to see Mark say that in his Prius? Check out the second video below the fold. We told Mitt Romney said he supported the Governator's right to get a waiver ... then Mitt took it back. Want to see Mitt's first position on the waiver? You can probably guess it's in the third video below the fold.

[Source: YouTube]

I watched the last six hours of the House of Representatives debate on the energy bill yesterday and recorded significant references to CAFE, fuel efficiency, transportation, etc. and whittled it down to five minutes because hey, I know you're busy. The video above includes Dingell being praised twice for his work on CAFE by Republicans that opposed the rest of the bill. I think that the industry support for the CAFE portion came from the work done by Dingell even though Detroit did not get everything that they wanted. In the video, Pelosi said this bill could be a part of someone's legacy and I think that was directed at Dingell. Anyway, here are the list of stars and a summary of their lines in the video above:

• Doc Hastings (R) says that giving tax breaks for riding your bike to work won't solve global warming.
• Jay Inslee (D) has a giant poster of the Volt.
• John Hall (D) gives us some hyper milling tips.
• Llloyd Doggett (D) is a Paul Simon fan.
• James Oberstar (D) says the bill will authorize a center for global warming in the Department of Transportation.
• John Shimkus (R) actually has an ICE (internal combustion engine) because he is tired of carrying a half of a horse.
• Rahm Emanuel (D) says the bill will save you $1,000 a year.
• Joe Barton (R) says only eight cars get more than 35 MPG.
• John Boehner (R) says consumers are going to pay for this.
• Nancy Pelosi (D) ends it all with a smile.

Over the last week, we have told you about the compromise, the debate and the vote on the Energy Bill in the House of Representatives. The bill is now on its way to the Senate and is almost certainly doomed because it's facing a filibuster in the Senate and if it survives that, there are repeated threats of veto by the president. Rep. Lee Terry, of Hill-Terry, did a 30 minute interview with CSPAN and even he said the energy bill is "dead on arrival" in the Senate, at least in its current form. We should know the results of the bill in the Senate soon. So, stay tuned.

[Source: C-SPAN]

Chuck Klosterman watched the "Live Green" Superbowl ad. Then he bought a flex fuel car. In this article from Esquire, he made an incredible argument for ethanol of the like I have never seen before. I think it reflects a lot of people that support ethanol. First, there is nothing technical in this article. He says there is a debate about emissions in one sentence in parenthesis and that ended that. The article is about the power of Culture.

Chuck says "culture beats strategy every time." "No business strategy can compete against the sheer power of everyone buying into the same ideas, working toward identical goals, and wanting the same things. A well-built machine is still no match for a living organism, because the organism can evolve over time." Live Green "is attempting to generate a hipster culture around corn."

He has "never experienced a marketing move that is aimed so directly at" his "life, quite possibly to the exclusion of everyone else in America." Why does he support ethanol? It's "neither environmental nor political. It's not economic, either." He likes "the idea of ethanol only because it seems like the last hope for the survival of small U.S. farmers, many of whom exist within a completely insane business model that's a product of their own efficiency."

If you are still anti-ethanol, cleanse your pallet with the video from CNBC's Larry Kudlow on ethanol. Pro: Lou Ann Hammond from Carlist.com. Con: Jeff Goodell. He wrote an article in Rolling Stone called the Ethanol Scam. All very logical, very political, very large scale with no mention of the struggling good 'ol American farmer. In fact, you could say it's lost in the discussion of big agro.

[Source: Esquire]