Good question, why would he cut the throat of the American oil industry?
Here is one of the most important news articles that you do not want to over look.
The Obama administration -- through the US Export Bank just guaranteed 10 Billion in loans for the Brazalian Oil Giant "Petrobras" for drilling. Now remember we cannot drill in our own country but we just guaranteed 10 Billion in loans for a Brazalian oil company... but wait it gets better... when you ask why we would do this....Well it seems that Obama's good friend and buddy... and democratic supporter George Soros just increased his holdings in this company before the loan was guaranteed....
YES FOLKS GEORGE SOROS OWNS OVER 10 MILLION SHARES OF THIS COMPANY AND IT IS ONE OF HIS TOP 5 HOLDINGS... AND WHY THE OBAMA ADMINISTRATION CAN NOT DO ENOUGH FOR THEIR SUPPORTERS... WHAT THEY ARE DOING IS DESTROYING THE US AND HELPING THOSE WHO HELP THEM GET RICHER.....NO drilling for us in the US... but .. oh a little 10 Billion Loan Guarantee for good old Georges oil company in Brazil... no problem.
WHAT IN THE HELL IS WRONG WITH THIS PICTURE. I swear our Government is out to ruin us!!!! What are your thoughts??
SEE FULL ARTICLE BELOW.!!!!.
http://beltwayblips.dailyradar.com/story/president_obama_finances_offshore_drilling_in_brazil/