[ChicagahAl]

"Petrobras, will start seeking bids for new rigs"

Brazil solved their energy problem the correct way; they drilled their way out of it!<

There is no other way.

Drill here. Drill now.

[thackney]

Yes, Brazil got serious about exploring for and producing their petroleum resources a couple decades ago. It really paid off.

Total Oil Production

Brazil Energy Profile
http://tonto.eia.doe.gov/country/country_energy_data.cfm?fips=BR