Obama betrays American people, intent is to buy oil from Brazil


I had suspected ever since I knew about Obama’s trip to Brasil with his Energy Chief Steven Chu in tow, this would be one of the trip’s goals: to forge the first steps of buying oil from Brasilian oil mega-giant Petrobras. Petrobras is 57% owned by the state and the remainder is publicly traded. Petrobras has over $133 billion in assets and recently discovered two huge oil fields off the coast of Rio.

Now we have confirmation of my suspicions. Right from the horse’s mouth. From both Obama’s speech in Rio and the White House blog itself. Yes, I did listen to the entire 23 minute speech but instead of subjecting all of you to a youtube of it, I pulled the quote of interest from Powerline:

In particular, with the new oil finds off Brazil, President Rousseff has said that Brazil wants to be a major supplier of new stable sources of energy, and I’ve told her that the United States wants to be a major customer, which would be a win-win for both our countries.

And from the White House blog, his remarks at the CEO Summit in Brasilia, paragraph 21:

The second place we want to partner with Brazil is on the issue of energy, which is why President Rousseff and I also agreed to launch a Strategic Energy Dialogue. By some estimates, the oil you recently discovered off the shores of Brazil could amount to twice the reserves we have in the United States. We want to work with you. We want to help with 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 [emphasis mine.] At a time when we’ve been reminded how easily instability in other parts of the world can affect the price of oil, the United States could not be happier with the potential for a new, stable source of energy.

As far as I know, no documents were signed but Obama’s intent is certainly clear. At a time when a moratorium in the Gulf was placed on drilling, permits have been put on hold and thousands of people are out of work, not only the oil workers themselves but those in ancillary services, I consider this to be an out and out betrayal of the American people. We have plenty of oil here, Mr. Obama. Multiple sources tell us so:

IER & Alaska

Here is an interactive map from the USGS on the oil and gas assessment in the US. And it’s a stunner. If only we could be allowed to get it out of the ground…

But wait! There’s more. Petrobras was awarded a permit by BOEMRE in the Gulf off the coast of Louisiana one day before Obama left for Brasil when American companies are frustrated and waiting in line with no action.

Doc Hastings (R-WA) Chair of the House Natural Resources Committee had this to say in a press release about this disturbing turn of events:

“Rather than creating American energy and American jobs, President Obama is in Brazil advocating for deepening the United States’ reliance on foreign energy,” said Natural Resources Committee Chairman Doc Hastings. “The President has clearly learned nothing from recent world events. He appears to believe the answer is to shift our foreign energy dependence from one part of the world to another. The real answer is to produce more American energy. The ‘potential for a new, stable source of energy’ can be found with our own resources here at home. Resources that the Obama Administration is purposely choosing to keep under lock-and-key.”

And Secretary of the Interior Ken Salazar can’t get his facts straight. Sen David Vitter (R-LA) blasted him and BOEMRE’s Michael Bromwich in a letter about the “discrepancies” in the number of permits requested, excerpted below:

Over the last several weeks and months, you have indicated publicly, before Congress, and privately to members, including myself, that there are only a handful of permits awaiting agency action. Specifically: Secretary Salazar’s testimony before the Senate Energy and Natural Resources Committee two weeks ago stating that the administration has received only 47 shallow water permit applications over the past nine months, and that only 7 deepwater permit applications are pending; Mr. Bromwich personally stating to me that only 6 deepwater permits applications are pending; and Mr. Bromwich’s public statement that deepwater permit approvals will be limited because “only a handful of completed applications have been received.”

Your statements are completely inconsistent with the DOJ’s motion filing last week for a stay of Judge Martin Feldman’s rulings. On page 11 of that filing, the DOJ notes that there is potential harm in the “re-prioritization that results from the court’s orders” to issue seven permits in Feldman’s February and March orders. DOJ explains that this is because there are 270 shallow water permit applications pending, and 52 deepwater permit applications pending.

Put the American people back to work, Mr. Obama. Our economic and national security should be left out of the hands of OPEC and the Middle East, and other countries as well. Including Brazil.

Carol Greenberg

Crossposted at Conservative Outlooks


0 0 vote
Article Rating
Deplorable Reagan Conservative. Pro-life, pro 2A. Waiting for Obama's "legacy" to be undone.

Twitter: @LadyImpactOhio

"We the People tell government what to do. It does not tell us."__Ronald Reagan in his farewell speech.

Leave a Reply

Notify of
Newest Most Voted
Inline Feedbacks
View all comments
March 21, 2011 3:48 pm

Maybe the descrepancy in the number of permits pending is that many have been withdrawn?

If I was an oil company, the last place I’d want to drill is in US territory.

Cold Warrior
March 21, 2011 11:42 pm
March 22, 2011 3:55 am

Let us not forget his good buddy, Soros, a major investor in Petrobas. Didn’t BamBam “loan” $10 billion to Petrobas just after Soros took over a controlling interest? BamBam and Soros, together with the Chicago Climate Exchange which is set to trade carbon credits, will make millions, if not billions, at the expense of Americans. This man belongs in jail.

P. Smith
March 22, 2011 8:47 pm

Here is an article on the $2 billion on Bloomberg: