Tuesday, March 22, 2011

Obama: Drill, Brazil, Drill!

Investors.com  "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.""  Unreal, absolutely unreal.
Via the California Chronicle

Urban legend regarding this subject.

Obama Underwrites Offshore Drilling from 2009:  "The Bush Administration's five-year plan (2007-2012) to open the outer continental shelf to oil exploration included new lease sales in the Gulf of Mexico. But in 2007 environmentalists went to court to block drilling in Alaska and in April a federal court ruled in their favor. In May, Interior Secretary Ken Salazar said his department was unsure whether that ruling applied only to Alaska or all offshore drilling. So it asked an appeals court for clarification. Late last month the court said the earlier decision applied only to Alaska, opening the way for the sale of leases in the Gulf. Mr. Salazar now says the sales will go forward on August 19."

Obama Praises Brazilian Oil Industry While He Stifles Oil Drilling at Home  "Thanks to Barack Obama’s failed energy policies, seven deepwater rigs were moved from the Gulf of Mexico in the last year. At least one of the rigs was relocated to Brazil.
"Barack Obama loves Brazilian energy production."

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