[FormerACLUmember]

Soros invests in various foreign oil drilling companies, while paying his democrat party employees, oop I meant allies, to sabotage US oil drilling and production.

[Orange1998]

Petrobras has since slumped 28 per cent.

Ooops!

[FormerACLUmember]

Money well spent by Soros to some very creepy, evil people:

[ken21]

will someone explain why a guy who has made so much money from capitalism,

hates capitalism and democracy?

[aught-6]

This is one speculator I hope gets rear ended on this stock. What a flaming anti-American “hypocriter”.

[nw_arizona_granny]

Ping.

[Uncle Miltie]

So Democrats are in favor of drilling?

I’m so confused!

< / sarc>

[Uncle Miltie]

"So your friend and key Democrat mega-contributor George Soros drills for oil and gas in Brazil, but you don't want to explore here?

Why is it okay for Brazil to achieve energy independence but not America?"

- Comrade Juan McNut's question to Obamessiah

[oilfieldtrash]

The key is not reserves in place but recoverable reserves. I took a look at Tupi which is in 10,000 feet of water, sub salt, and I bet the recoverable reserves is 10-17% of reserves in place. Cost for drilling and equipping one well is probably 300 million dollars. For 100 wells, that is a whopping investment, and that doesnt include the topsides.

Deepwater sub salt drilling is tricky business, and before people get stars in their eyes about big reserves, they better realize it is not a big tank down there.

[SunkenCiv]

Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro (Petrobras) in the second quarter, making the Brazilian state-controlled oil company his investment fund's largest holding.