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Look Who's Drilling in the Gulf of Mexico

Posted on 03/18/2011 7:28:28 AM PDT by NCGrl

President Obama is taking a working vacation to Rio de Janeiro with his family. I question the timing of this trip based on current events and his low approval ratings. Here is his reasoning:

I'll begin my trip by visiting Brazil to work with its new president, Dilma Rousseff, to strengthen the relationship between the hemisphere's two largest democracies and economies. With around 200 million people, a growing middle class, and a per-capita income rising by almost 7% a year, Brazil imports more goods and services from the United States than from any other nation — mainly high-tech, manufactured goods from aircraft to chemicals to clean energy components.

Dilma Rousseff has an impressive background:

"She was 16 when Brazil fell prey to a military coup in 1964 and like many was soon drawn into the world of underground opposition.

"Introduced to Marxist politics by the man who became her first husband, Claudio Galeno, she helped build up one of the guerrilla organisations trying to overthrow the government - at one point spending three years in prison.

"After democracy was restored she had a daughter, Paula, now a 33-year-old lawyer, with her second husband Carlos Araújo, a revolutionary leader who had met Fidel Castro and Che Guevara. She trained as an economist she entered conventional left-wing politics and professional public service.

Is Mr. Obama going to discuss our loan to Petrobas last year?

The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.

Or maybe Mr. Obama is going to discuss Brazil's deep water oil drilling in the Gulf of Mexico:

Petrobras, the Brazilian state-run energy giant, is to begin drilling for oil in the Gulf of Mexico this month with deep water technology never before used in US waters.

The [Petrobas] Cascade and Chinook wells lie 180 miles south of Louisiana in water depths ranging from 8,200 to 8,850 feet (2,500 - 2,697 metres).

By comparison, the top of the BP well involved in the Deepwater Horizon disaster of April 2010 was about 5,000ft (1,524 metres) below the surface.

When will our companies be allowed to drill in the Gulf of Mexico? The moratorium has been removed but now extraordinary measures and regulations are in place that are restricting new operations. Maybe Mr. Obama can convince Mrs. Rousseff to comply with the same regulations that have been imposed on our oil production.

David DeGerolamo


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS:

1 posted on 03/18/2011 7:28:30 AM PDT by NCGrl
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To: NCGrl

And, of course, the ELEPHANT IN THE ROOM:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFHPjfeUvtl8


2 posted on 03/18/2011 7:37:47 AM PDT by ScottinVA (Not one drop of American blood for muslims in Libya or anywhere else!!!!)
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To: NCGrl

If I was Bobby Jindal I would announce that the great state of Louisianna is going to start drilling for oil and then start taking bids from drillers and get those rigs back in operation. What is Barry going to do? Call a beer summit?


3 posted on 03/18/2011 8:38:40 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: NCGrl

and let’s not forget that Dilma is *not* an accidental communist, swept into revolution by youthful idealism and fervor:

info from wikipedia (sorry): The most famous Brazilian of Bulgarian origin is President Dilma Rousseff from the Workers’ Party. Her father Pétar was born in Gabrovo and, as an active member of the Bulgarian Communist Party in the 1920s, had to flee from Bulgaria in 1929 due to political persecution.

http://en.wikipedia.org/wiki/Bulgarians_in_South_America


4 posted on 03/18/2011 8:39:16 AM PDT by MilicaBee
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To: ScottinVA

SOROS!


5 posted on 03/18/2011 8:41:46 AM PDT by dusttoyou ("Progressives" are wee-weeing all over themselves, Foc nobama)
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To: NCGrl

It’s called ‘corruption’, folks.


6 posted on 03/18/2011 9:29:56 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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