PING!
REFERENCE One of the worlds largest deep-sea oil discoveries was made by Brazilian oil company Petrobras in the so-called Tupi oil field in the Santos Basin off the coast of Rio back in Nov 2007.
The Brazilian protest centered on a complaint that Obama wanted Brazils newfound oil supply to be sold to the US. The US is interested in importing oil from Petrobras, and Obama has said as much. But the US has no powers over Petrobras, which is majority owned by the Brazilian government and intent on servicing local oil needs first.
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GAME CHANGER? But the US Dept of the Interior "coincidentally" just gave Approval to let Petrobas drill at its Gulf of Mexico Deep Water Facility.
Looks like anybody can drill in US waters as long as it isn't US companies.
The exclusive economic zone is the zone where the U.S. and other coastal nations have jurisdiction over economic and resource management
More specifically, the EEZ includes waters three to 200 miles (five to 322 kilometers) offshore (or nine to 200 miles 14.5 to 322 kilometers offshore in western Florida and Texas). Coastal states are responsible for inshore waters out to three miles (five kilometers) of the coast (or nine miles, 14.5 kilometers, off the west coast of Florida and off Texas).
I'm so livid I could scream!
You better pump me for anything you want now. Due to financial constraints I’m losing the Internet at the end of the month. Get it while you can.