Tuesday, March 22, 2011

Drill here

Gulf Oil CEO: Obama ‘Hypocritical’ on Brazil Drilling

Tuesday, 22 Mar 2011 05:44 PM
By Hiram Reisner
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Gulf Oil CEO Joe Petrowski says President Barack Obama’s weekend comments in Brazil that the United States looks forward to purchasing oil drilled for offshore by that nation “is rather puzzling,” and “hypocritical” as his administration has imposed a virtual moratorium Gulf Oil,Joe Petrowski, Barack Obama, Brazil, Drillingon domestic drilling. The signal to purchase more foreign oil comes after the U.S. Export-Import Bank invested more than $2 billion with Brazil's state-owned oil company, Petrobras, to finance exploration.

“Any drilling, or any new production, especially production outside the Mideast – that is inherently unstable and probably is going to become more unstable as we move forward – is a positive,” Petrowski said Tuesday on Fox News.

“But why Brazil, when we could have the jobs and foreign exchange in this country, is rather puzzling – and I’d say somewhat humorous,” Petrowski told Fox News’ Neal Cavuto. “What is it about Brazil that they have that we don’t have?

“What concerns me – in addition to we are going to lose the jobs, and in addition to not having the foreign exchange – is one of the untold problems, I think, in the world oil markets, besides that we are getting too much of our oil from the Mideast, is 75 percent of our oil is being produced by government-run entities,” he continued.

“And I just have a theory that private companies are going to be more efficient in finding it, and getting it out at a more reasonable price, than state-owned companies,” Petrowski said.

Cavuto asked whether buying oil from Brazil is bad for the U.S. economy.

“It would be a lot better if we had the drilling here,” Petrowski said. “And it seems a double standard and it seems somewhat hypocritical [that] a country that desperately needs jobs, and we need them here, that we are encouraging other countries to create the jobs that we need.”

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Horrible… Obama Smears Bush While Discussing Libya in Chile

Posted by Jim Hoft on Tuesday, March 22, 2011, 5:48 AM


Barack Obama smeared Bush while discussing Libya in Chile.
The Plum Line
reported, via FOX Nation:
In Chile, Obama puts forth his doctrine, defending the Libya mission by claiming that humanitarian interventionism is the “core principle that has to be upheld.”
Crucially, Obama also took a tacit shot at Bush, comparing his own multilateral approach favorably to the former president’s:
“In the past there have been times when the United States acted unilaterally or did not have full international support, and as a consequence typically it was the United States military that ended up bearing the entire burden.”
Not only was it an awful cheap shot, it wasn’t true.
President Bush had twice as many allies in his Iraqi Coalition than Obama has in Libya.
If he’s going to slam Bush, shouldn’t he at least have his facts right?

Kliphnote: What the hell is wrong with Obama?
He lies about Bush, again. He can't get over Bush.
He loans Brazil $2 billion to drill for oil, but won't drill in the US.
What is he thinking?
From cowboy to cowgirl.

Muammar Than He Bargained For.jpg

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