This is an email I recieved this morning, I don't know if it is true or not. eddiegjr
Rigs drilling in the Gulf are needed in Brazil! Obama's and George Soros' investments in petrobras are creating a conflict in keeping rigs drilling in the Gulf. As would the production of too much Gulf oil would lower prices making making Brazil's deepwater field to expensive at this time.(The cost of new production hovers in the range of $90 a barrel)
The Available Supply of Deepwater Rigs is Low Petrobras' success in deepwater oil exploration has lead the company to invest zealously: as of May 2008, the company had contracted 80% of the world's deepwater rigs, driving up dayrates for the sector as other companies like Exxon Mobil and BP competed for the remainder
http://www.wikinvest.com/concept/Deepwater_Oil_ExplorationBelow is the Wall street Journal article to confirm this article that you are about ready to read..
Soros bought his shares in the company 2 days before Obama underwrote the $
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html Subject: Obama giving $2,000 000 000 to Petrobras
here we go again,
This is a perfect example why many refrain from watching the news on ABC, NBC, CBS, or MSNBC.
Today on a segment of the "Glen Beck Show" on FOX (Fox Cable News) was the following:
Even though President Obama is against off shore drilling for our country, he signed an executive order to loan 2 Billion of our taxpayers dollars to a Brazilian Oil Exploration Company (which is the 8th largest company in the entire world) to drill for oil off the coast of Brazil ! The oil that comes from this operation is for the sole purpose and use of China and NOT THE USA !
Now here's the real clincher...the Chinese government is under contract to purchase all the oil that this oil field will produce, which is hundreds of millions of barrels of oil"..
We have absolutely no gain from this transaction whatsoever!
Wait, it gets more interesting.
Guess who is the largest individual stockholder of this Brazilian Oil Company and who would benefit most from this? It is American BILLIONAIRE, George Soros, who was one of President Obama's most generous financial supporter during his campaign.
If you are able to connect the dots and follow the money, you are probably as upset as I am. Not a word of this transaction was broadcast on any of the other news networks!
Forward this factual e-mail to others who care about this country and where it is going. Also, let all of your Government representatives know how you feel about this.
Below is the Wall street Journal article to confirm this.
Soros bought his shares in the company 2 days before Obama underwrote the $
http://online.wsj.com/article/SB10001424052970203863204574346610120524166.html