Last week it was reported that Obama’s Interior Secretary Ken Salazar cooked the books on a report on drilling for oil.
Maggie’s Notebook: Obama’s Interior Secretary, Ken Salazar, changed a critical report on the safety of drilling for oil in deep water environs. He cheated. A panel of experts “peer reviewed” Salazar’s report and signed-off at the ‘final’ review. That final review report did not recommend a drilling moratorium. Never mind, Ken Salazar just changed it to suit his and Obama’s ideological viewpoint (Obama was in on it) – which is to call for a moratorium on existing and new drilling permits. Most surprising, however, is the information that if a moratorium happens, the floating rigs will be moved to other places around the world and may not be available to the U.S. “for years.” That’s not all, the moratorium may be worse for the economy than the moratorium itself.
Today we find out that Brazil stands to reap the rewards of a drilling moratorium here in the US.
Reuters (via Doug Ross, via Maggie’s Notebook) Brazil could benefit
from the BP Gulf of Mexico spill as a U.S. moratorium on
offshore drilling boosts available rigs for the country’s deep
water oil exploration program.
Even as an ecological catastrophe makes the future of U.S.
offshore drilling less certain, Brazil is plowing ahead with a
$220 billion five-year plan to tap oil fields even deeper than
BP’s (BP.L) ill-fated Gulf well, which is still leaking crude.
With an estimated 35 rigs idled in the Gulf of Mexico,
Brazil is already receiving inquiries from companies looking to
move their rigs here, where vast discoveries in recent years
may soon turn the country into a major crude exporter.
“What is bad for some may be good for others,” said
Fernando Martins, Latin America Vice President for GE Oil and
Gas, which provides services to drillers in Brazil.
“Since operators are shutting down at least temporarily in
the U.S. Gulf, some companies are planning to move their rigs
to Brazil now,” he said, without offering details.
Now, remember who stands to make a bundle from drilling in Brazil. None other than Obama’s buddy George Soros. Remember, too, that Obama lent billions to a Brazilian oil company last year.
The Wall Street Journal reported that the Obama administration will invest $2 billion (or more) in drilling off the shores of Brazil, of all places. The left does all they can to keep us from exploring off our own shores. Yet we’re suddenly investing $2 billion – that we don’t have – in a Brazilian oil company?
Odd, isn’t it? The one who campaigned against oil companies and the use of fossil fuels is now suddenly investing our children’s money in a foreign oil company? This is the same man who said he wanted higher gas prices to break our addiction to foreign oil. Why the sudden change of heart?
Could it be pay back to a big supporter? Could the fact that George Soros just traded millions of shares of Petrobas be just a coincidence?
Well, Obama certainly isn’t letting this crisis go to waste, is he? He’s pleasing the left by putting a moratorium on drilling, enriching his friends and exporting jobs overseas. Nothing like spreading the wealth around to foreign countries while sending Americans to the unemployment lines.
Maybe that’s why a memo from the Maine oil boom company Packgen has been sitting on Admiral Thad Allen’s desk for nearly a month. The same goes for the Dutch offer to help contain the oil on day three – an offer that was refused by the Obama administration. Had the oil been contained there really wouldn’t have been much of a crisis to exploit.
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