WOW WHAT A DEAL.
Obama gives them billions to develop their own oil industry and now they plan on getting 11 million from Chevron and take over their oil works.
Boy Obama really IS out to destroy America. He is hell bent on bleeding the life blood of american industry like a vampire.
Obama: Drill, Brazil, Drill!
While leaving U.S. oil and jobs in the ground, our itinerant president tells a South American neighbor that we’ll help it develop its offshore resources so we can one day import its oil. WHAT?!?
We will help Brazil develop its offshore oil so we can one day import it.
We have noted this double standard before, particularly when — at a time when the president was railing against tax incentives for U.S. oil companies — we supported the U.S. Export-Import Bank’s plan to lend $2 billion to Brazil’s state-run Petrobras with the promise of more to follow.
Now, with a seven-year offshore drilling ban in effect off of both coasts, on Alaska’s continental shelf and in much of the Gulf of Mexico — and a de facto moratorium covering the rest — Obama tells the Brazilians:
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”
http://patriotupdate.com/4566/obama-drill-brazil-drill