Aclocal and libtool error -- macro `AM_PROG_LIBTOOL' not found in library

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http://www.unix.com – The software I'm trying to install uses macros with autoconf, aclocal, libtool, autoheader, and automake. What seems to be going on is an error between libtool and aclocal. From what I understand when I run aclocal, which is in /usr/bin, it searches a different directory for the libtool.m4 which is in /home/bh/libtool/share/aclocal. I read somewhere that if I put export ACLOCAL_FLAGS="-I /home/bh/libtool/share/aclocal" in my .bashrc aclocal would grab the correct .m4 file. No luck. I still get the warning: macro `AM_PROG_LIBTOOL' not found in library. I don't have administrati (HowTos)