Tuesday, March 22, 2011

Obama wants to kill US Energy while wanting to purchase more Oil from Brazil




Obama wants to kill US Energy while wanting to purchase more Oil from Brazil

Why is Obama against the U.S. drilling for our own oil while at the same time telling Brazil that America will be a 'major customer' for their oil? Obama has already approve a $2 billion dollars for oil exploration in Brazil. Yes, our taxdollars are being used to support Brazil's oil exploration.

I wonder if it has anything to do with the fact that his boss, George Soros, has stock in a Brazilian oil company named Petrobras? It is just a coincidence that this Brazilian oil company received a rare drilling permit to drill in the Gulf as Obama refuses to issue permits to American oil companies.

watch?v=-_c-NI27IIU&feature=player_embedded

The Telegraph reports:

Prices for Brent crude hit more than $117 last week as the civil war in Libya continued and are likely to rise further after the start of UN-backed action against Col Gaddafi's forces.

Traders are also concerned about protests and tensions in a number of other oil-producing nations in the region.

Mr Obama spoke of the US's desire to secure more of its oil from Brazil in future after talks with his counterpart, President Dilma Rousseff, in Brasilia at the start of a two-day visit to Latin America's biggest country. "I have told her that the United States wants to be a major customer, which can be a win-win for both our countries," he said.

Brazil possesses some of the world's biggest offshore oil reserves in the pre-salt area off its south-east coast. Ms Rousseff has stated her desire to export the vast majority of oil from the fields as the country concentrates on using renewable sources of energy such as hydroelectric power and ethanol for domestic needs.

Thanks to Obama's drilling moratorium, several oil rigs packed up and left the Gulf of Mexico. One found its way down to Brazil. Coincidence?

Speaking in a newspaper interview just before Mr Obama's arrival, she made what seemed a clear sales pitch, asking "which other country in the world has the oil reserves that Brazil has, that is not at war, that does not have an ethnic conflict, which respects contracts, has clear democratic principles and vision, is generous and in favour of peace?"

Obama hates drilling for US oil but doesn't seem to have such a problem with Brazil.

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