Obama wants Brazil to drill for oil, and create jobs, but not the US... I'm confused.
 

You Obama fans out there.... I'm not sure I understand the thinking behind this...

http://www.investors.com/NewsAndAnal...azil-Drill.htm

"Energy Policy: 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?!?

With Japan staggered by a natural disaster and a nuclear crisis, cruise missiles launched against Libya in our third Middle East conflict and a majority of U.S. senators complaining about a lack of leadership on the budget, President Obama decided it would be a good time to schmooze with Brazilians.

His "What, me worry?" presidency has given both Americans and our allies plenty to worry about. But in the process of making nice with Brazil, Obama made a mind-boggling announcement that should make even his most loyal supporter cringe:

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."

Obama wants to develop Brazilian offshore oil to help the Brazilian economy create jobs for Brazilian workers while Americans are left unemployed in the face of skyrocketing energy prices by an administration that despises fossil fuels as a threat to the environment and wants to increase our dependency on foreign oil."


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translation: the green wiener's won't let big biz drill around our shores so the great leader is setting up a foreign country for the biz buddies to go make money.

you are looking at your govt until the world ends...

its all about self interests now... :2 cents:







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thats not a news article. thats an opinion piece. regardless, i'm sure the people whos land would be destroyed by drilling would rather have poor countries exploited than themselves.

If you look here... it seems to be factual. http://m.whitehouse.gov/the-press-of...rasilia-brazil


In the meantime, what you are saying is that Obama would rather have more unemployed people here, and be held captive by yet another foreign power? That is what you are saying?


:disgust

I'm not saying its not based on facts but it certainly doesn't read like a news article. Its someone's opinion on the facts.

Drilling here in the states is not going to solve the unemployment problem. Even if they hire say 10k people, its a drop in the bucket. Are you willling to destroy the little bit of land left that hasn't already been raped by mankind to save a few bucks at the pumps? I guess you wouldn't care because it doesn't effect you directly in any other way than the price of gas. They need to be working on alternative fuels rather than just looking for new places to exploit.

Actually I live here on the coast of Florida and I have no problem with off shore drilling. Personally I wish we would drill off of our coasts rather than have the Cuban's license it to the Chinese.

If the environment is the reason for Obama's actions, I guess what you are saying then, is that the part of the world where Brazil is, is not worthy of Obama's protection? Only US waters? Is that Obama's environmental policy?


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Obama can't force enviromental regulations on other countries...they are going to drill anyways, so why not help them and reap the benefits. america has a long history of having other countries do its dirty work. they're doing it in just about every shitty country across the globe right now. Like I said, they should be working on alternate fuel sources. I think offshore is probably the worst idea. they'd be better off drilling on some old farm land, not something that can destroy beaches or protected land.

There's no more oil and no more jobs here.

The last significant oil well was tapped around 1971, and The Jobs to support the masses (making stuff) left for India and China last decade.

That's that.

Why not encourage them to export their oil to us?
Brazil has billions of barrels of proven reserves. Some studies have suggested they have upwards of 123 billion barrels. Since Brazil implemented a real energy policy in the 70's and built infrastructure based on hydro power and ethanol, it doesn't have to import any oil (must be nice) So what's the problem, let them drill it, and take on any risks involved in doing that and lets import it. While we are at it though Obama should drop the ethanol tariff on Brazilian ethanol, then we can also run our cars on it like they do.

Actual Translation: We want to suck up all your oil first, so when the world runs out, we still have lots left in the US.

I'd venture to say this is a strategic military decision more than anything.

that's the name of the game. it's musical chairs right now and no one wants to be left standing when the music stops.

I can only hope that someone is being that smart, (and not simply making paybacks to their biggest supporters)

We produce a fuck ton of oil right now in this country, so I don't see what your issue is...

The guy that wrote that is idiot, in one sentence he's quoting Obama making the point of US jobs and in the next says its leaving us high and dry. Also, more oil on the world market drops the price of skyrocketing energy prices as he puts it.

At least he realizes we need an energy policy, but the rest of logic if flawed.

Fair enough.... My question is... Obama's energy policy seems to be:

"Ban drilling here in the US, because it's bad for the environment. Encourage drilling in Brazil, because I don't care about the planet down there."

Do any of the Green types on the board have a problem with that, or is it ok, because it's Obama? I really am interested to know.



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i recall o-bomb-ya's drilling policy was to open up restricted fields, then the bp spill happened???


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Obama can't force enviromental regulations on other countries...they are going to drill anyways, so why not help them and reap the benefits. durp, yep, its ok just because its "obama" christ. hes just a face for the same losers who yanked around bush's puppet strings.

.. as with Harry Sargeant ( IOTC = International Oil Trading Co ) right in your bacyard ( see Sun Sentinel, last Saturday, Front page ) .... ?

hahahaha the world runs out... that glorious myth about peak oil never stops getting hilarious...

Here's a hint, oil is not a 'fossil' fuel. If oil was made purely from dead dinosaurs and plants from the past we would have ran out a 100 years ago. There is plenty of it if your able to drill deep enough.

i've read about this but honestly did not know it has been confirmed. i was under the impression we don't know what's down there past the level we can *research*?

any more info on this?

:2 cents:
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Thats all that runs around in my head with this stuff. It's a daily dose of getting the word out on our illegal kenyan alien secret muslim america hating el presidente.

You're right, we have an infinite supply of oil. That's why it constantly retains it's price at $30/barrel. That's also why nobody ever fights over oil, because it's the same as air. It's always there.

My apologies.

one week people bitch that offshore drilling is bad, next week they bitch why it's not done in the US? :1orglaugh

This is what you get for reading opinion pieces written by idiots.

Obama has actually INCREASED domestic oil production during his term. He hasn't "banned" drilling... there was only a short moratorium... as a matter of fact they just approved a new deep water drilling permit yesterday. Secondly, his administration opened up huge swaths of areas for exploration that weren't available before he came into office. Third, in response to people who say he is creating jobs in Brazil and not the US, you may not be aware that we make alot of money and create jobs by servicing countries like Brazil with consulting, technology and equipment for jobs like this. That creates jobs here in the US.

I just feel Barry should spend more time fixing things at home instead of fucking things up abroad and vice versa

hmm wonder what could be the strategy here..

Hmm... well if you wanted to really kickstart the green energy industry here in the US you might want to make deals with the country that leads the world in production of ethanol.

You just said the following two statements:

I just feel Barry should spend more time fixing things at home instead of fucking things up abroad

I just feel Barry should spend more time fixing things abroad instead of fucking things up at home

obama serves the corporations, not america.

the oil multinationals want brazil to give them a larger role in tapping that new deepwater find - and obama is pressuring brazil to let the corporations in with preferential treatment and sweet deals.

the winner in this deal, as in so many of these deals, are the multinat oil corps.

Brazil is in no hurry to drill that deep oil - which will take some 5 to 10 years to bring the fields fully online, minimum - because it knows the longer it waits the better price it gets, and the higher the profit margins on what is a very expensive and technically difficult deep drilling job - one of the deepest ever attempted.

The important thing to know about that oil is that it is believed to be largely light sweet crude, the highest profit type of oil, and militarily the most important, because it can be refined the most quickly with the simplest type of refinery.

the multinats are excited about it because it's the largest discovery of light sweet that isn't owned by one of the sovereigns made in teh last 40 years - it represents a leverage against OPEC control, a control that has been pushing the multinats out of the most profitable oil patches.

Actually, I should say, the deepest ever attempted. It will be the largest deepwater drilling job ever attempted, and include the deepest wells ever drilled. Not only is it under the deepest water ever drilled, it is deeper in the rock under that two miles of water than any wells ever drilled.

Maybe he's "helping" them so he can get cheap oil while circumventing US drilling regulations. I would feel much better about the environmental standards when the drilling is done on our soil.

the carbon in oil didn't come from either dinosaurs or plants - at least not complex plants. It came from single celled organisms similar to simple planktons or algae.

nothing is stopping your types from drilling deep. go for it. start a company and get the oil you say is deeper, and your kind will be rich as midas.

eh? oil co's are drilling much deeper than that already. 5 miles of water + the rock.

Held captive by Brazil?! lol.

Seems like a move to help get away from middle eastern oil. It also seems like a move to get in there before China. Any way I slice this in my head it seems like a great idea.

Exactly!

Don't forget all the people in Houston that work for them... :winkwink:

True, but you're forgetting the main point here...

Batman's gotta skate, and Obama Haters gotta hate!

http://files.sharenator.com/Haters_g...-62511-535.jpg

It works like this :

We buy oil from everyone else until they run out.
Then we are the only ones with oil.

That's when we will truly be the most powerful nation in the world.


:pimp