Wednesday, September 30, 2009

President Obama Finances Offshore Drilling in Brazil

President Obama Finances Offshore Drilling in Brazil
"You read that headline correctly.
Unfortunately, the Obama Administration is financing oil exploration off Brazil.
The U.S. is going to lend billions of dollars to Brazil's state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil's Tupi oil field in the Santos Basin near Rio de Janeiro."

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