Posted on 03/19/2011 9:19:53 PM PDT by 2ndDivisionVet
Yes, as he continues to hold up drilling permits for U.S. oil companies in the Gulf.
(Reuters) The U.S. Interior Department said on Thursday it gave final approval for Petrobras to use the first ever deepwater floating production storage facility in the Gulf of Mexico.
The facility will be used when the company begins oil and natural gas production at its Chinook-Cascade project in the near future, the department said. Petrobras is based in Brazil.
A Petrobras official who asked not to be identified told Reuters that production would begin in May.
The floating facility has a daily production capacity of 80,000 barrels of oil and 16 million cubic feet of gas. It can be disconnected and moved out of the path of a storm, unlike permanently moored production platforms, preventing long-term supply disruptions because of storms.
These regulatory approvals pave the way for safe, new production of oil and gas resources in the Gulf of Mexico, said Michael Bromwich, who heads the departments agency that oversees offshore drilling.
Such vessels are common for offshore production in other countries without seabed pipelines to transport oil and gas to shore, such as West Africa and Brazil. Petrobras has a fleet of them off Brazils shores, and Exxon Mobil Corp uses one of the largest units in the world at one of its fields in offshore Angola.
Read more. . .
Timely, considering the First Familys upcoming holiday to Rio.
“You better pump me for anything you want now. Due to financial constraints Iâm losing the Internet at the end of the month. Get it while you can.”
Go to Yahoo. It is free, fast and to me has a faster and easier search machine than googelirei.
Her outfits are tailored for a size 6 top and size 42 bottom.
6/19/09
Soros reports 73.5% increase in Petrobras stake
Marketwatch.com ^ | February 17, 2009 | Tony Cooke
FR Posted on Saturday, June 19, 2010 3:21:12 AM by wac3rd
Billionaire investor George Soros on Tuesday reported that during the fourth quarter he increased his already considerable stakes in Brazilian state-controlled oil company Petroleo Brasileiro S.A. /quotes/comstock/13*!pbr/quotes/nls/pbr (PBR 38.29, +0.05, +0.13%) and Potash Corp. of Saskatchewan Inc. /quotes/comstock/13*!pot/quotes/nls/pot (POT 99.36, -1.25, -1.24%).
Soros, through his Soros Fund Management LLC, reported holding 36.8 million American depositary receipts of the Brazilian oil company known as Petrobras as of Dec. 31 - a holding valued at about $900 million at the time. Soros held 21.2 million ADRs at Sept. 30, according to his disclosure filed with the SEC.
Soros also reported holding $434 million in Canadian Potash shares as of Dec. 31 - a total of about 5.9 million shares. He reported holding 3.3 million Potash shares as of Sept. 30. Petrobras and Potash were the two largest stakes reported by the Soros fund as of Dec. 30 (Excerpt) Read more at marketwatch.com ...
========================================
FR ANALYSIS Ingtar wrote: Lend is a misused word in these cases. It usually amounts to a grant, but they call it a loan to make it more palatable. Of course, the rigs freed up in the Gulf are now on the way to make Soros investment pan out.
Ohaha stupidly shut down US offshore drilling--33 rigs-- and put Americans out of work. But Ohaha is "lending" $2B to Brazil to drill even deeper than the calamitous Horizon platform, using the same rigs now in the Gulf.
Watta coincidence (/snix). George Soros, has a $900M stake in Petrobras (Brazilian Big Oil). US taxpayers will never see that $2B "loan" again.
===================================
THIS JUST IN News sources say Soros sold his entire Brazilian Petrobras stake to help finance the purchase of 4% stake in Bombay Stock Exchange. Buying and selling of non-US listed companies, including ADRs on US stock exchanges, is not required to be registered on the SEC forms.
Her outfits are tailored for a size 6 top and size 42 bottom.
I can't help it----being nice just comes naturally to a sweet, adorable person like me (blush).
Yeah, for everyone except the US! :(:(:(
Obama, Soros, Petrobras, Brazil & offshore drilling double standards
Michelle Malkin August 19, 2009
###
*snip*
Is it a coincidence that Obama backer George Soros repositioned himself in Petrobras to get dividends just a few days before Obama committed $2 billion in loans and guarantees for Petrobras offshore operations? Hmmmmmmmmmm.
Ping
Salazar the Slut.
Soros owns a big piece of Petrobras, which also got a huge low interest loan from Obama TO DRILL IN BRASIL.
Now this. The corruption is amazing.
Soros gets his money’s worth when he pays the democrat party and Obama.
Anymore? Did it ever? Is it not natural, and perhaps wise, to question as sabotage every crisis, considering the proliferation and political elevation of domestic enemies set on the ultimate destruction of our nation?
Before anyone puts a North Korean torpedo into this project...
Just remember some of us FReepers are working on this thing...
Just FYI...
;-)
I would like to be a part of a company for longer than just two Christmas parties this time...I don’t want to be unemployed again for a little while please...
“It would hand him the election. Theyd paint it as Republican/Tea Party racism. My worry is that he wont go peacefully if hes beaten in the 2012 election (see Bush vs. Gore X10) or will cause riots and rebellion.”
I have to disagree with you - I don’t think by any means impeachment would hand him the election, not with his poll numbers dropping and Democrats also calling for his impeachment. Plus, it would let the case be put before the American public, all those Americans who actually care about rule of law, and there are still some out there not already on side.
Those canards mean less and less, and are only as powerful as the fear induced in the people they’re used against - the thugs in Wisconsin, by Democratic anti-tea party logic, would have to be considered more racist than the tea partiers then.
Threats of riots and rebellion shouldn’t be dissuasive. That was the implicit threat of not electing him in 2008; it will again be the implicit, or even explicit, threat in 2012, or around his impeachment. We might as well choose our own time and place to face them down and overcome them, since we have to at some time anyway. If you’re worried about him not going in 2012 of his own volition, even if voted out, you’re making a better argument to impeach him now than I ever could.
“We dont and never will have the votes.”
Maybe on the first part, but legislatures are in large part consensus driven, even for all the showmanship; so we could get the votes, even if we don’t already have them.
” He could shoot a puppy on live TV and his poll numbers would probably go up.”
His polling is abysmal. Have a look at Rasmussen. They would likely fall even further the moment the mainstream media no longer can avoid mentioning things they’ve heretofore kept quiet about, as would happen during an impeachment. The question of his being a foreign student during his college career, all that, would come up and go on record. He’s been abandoned by Clinton - and that was a major part of his constituency. Very many Democrats are disgusted with his words not fitting his actions on Guantanomo and Libya.
Something simply had to give. You can't just cut off the utilities or any of the other necessary bills. The Internet is a luxury at this point so I was going to lose it.
I, unlike Congress, was fixing to cut something out of the budget forever to make ends meet. I'm now reprieved for a while.
“Woo-HOO! Just called to have my Internet cut off and got almost a $50 a month reduction instead! No opus is needed now!
Amazing what businesses will do to keep their customers.
It’s a shame I had to call to drop their business before I got a good price.”
Good news. What is your internet provider?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.