The Real Deal on Brazil

[JBeukema]

The biggest factor is that Brazil increased its domestic oil production over the last two decades by 876% (not a typo). Most of that production has come from offshore exploration.

That explains the move towards a free trade agreement with them

 

[Mr. H.]

An opinion piece, but a dandy...

Brazil Stiffs Obama on Oil Deal, Exposing President's Incompetence - Yahoo! News

The crux of the biscuit:

Obama's policy in regard to oil and gas has been a study in incompetence driven by an ideological mania against hydrocarbon fuel in favor of more politically correct forms of energy production. This has not only led to what amounts to a campaign against oil and gas production in the U.S., but embarrassing scandals such as Solyndra, brought on by unwise federal loan guarantees to dubious green energy companies.

 

[RGR]

but the powers with the death grip on our energy needs have sabotaged every attempt to gain ground in that direction.

Who are you kidding? You can march down to the corner store, buy and set up a nice PV system of any size you wish on your roof, or in your yard, match it with a nice passive solar system you can assemble from bits and pieces you can buy at Lowes, march down to your Nissan dealer and collect a nice electric car (for days you don't want to bicycle), throw some insulation at your house, and man you are DONE.

If it really bothered you, you would stop whining about mysterious powers and pretending to be a victim, get with the program, and SOLVE the problem. If it really bothered you.

 

[JiggsCasey]

An opinion piece, but a dandy...

Brazil Stiffs Obama on Oil Deal, Exposing President's Incompetence - Yahoo! News

The crux of the biscuit:

Obama's policy in regard to oil and gas has been a study in incompetence driven by an ideological mania against hydrocarbon fuel in favor of more politically correct forms of energy production. This has not only led to what amounts to a campaign against oil and gas production in the U.S., but embarrassing scandals such as Solyndra, brought on by unwise federal loan guarantees to dubious green energy companies.

Schwizer? Really? LOL... This is a writer who still operates on this topic under the long-debunked notion that Obama gave $2 trillion to Brazil.

Whenever absorbing the RW's horseshit storyline regarding world oil reserves, always be skeptical. This one originates from yet another laughable chain email that cons usually eat right up without any semblance of critical analysis.

FactCheck.org : Bogus Brazilian Oil Claims

Bogus Brazilian Oil Claims
FactCheck.org : Bogus Brazilian Oil Claims
Posted on September 18, 2009

Q: Did Obama loan $2 billion to Brazil’s oil company ... ?

A: The president had nothing to do with the loan, which the Export-Import Bank approved for Brazil to buy U.S.-made equipment and services.

The e-mail is false on two counts.

The message falsely says the decision was due to an "executive order" by the president. No presidential order was required. Furthermore, none of President Obama’s appointees had joined the Ex-Im board at the time of the vote, which was unanimous, and bipartisan. The Ex-Im Bank states: "In fact, at the time the Bank’s Board consisted of three Republicans and two Democrats, all of whom were appointed by George W. Bush."

The message falsely claims that "we have absolutely no gain" from the loan. In fact, the loan is being made specifically to finance purchase by Petrobras of U.S.-made oilfield equipment and services. The mission of the Ex-Im Bank is to encourage exports by making such loans.​

LOL!!!! Catch that last part? Cons such as WSJ columnists and far-right wing forum drones didn't. ... The corporate loan was so that Petrobas can buy U.S. equipment and expertise. ... Nevermind that by investing in Brazil - which turns around and invests in PRIVATE U.S. industry - we might buy oil at reduced cost in the long run, enhancing competition against OPEC and reducing oil prices worldwide.

Cons also try to claim the bank's loan to Petrobas comes from U.S. tax payer dollars - another complete load of anti-Obama horseshit.

This is a writer who admires Sarah Palin, and scribes tripe like this:

Sarah Palin a Modern Cold War Hero in the Making - Yahoo! Voices - voices.yahoo.com

Epic fail.

 

[RGR]

Whenever absorbing the RW's horseshit storyline regarding world oil reserves, always be skeptical.

Versus the nonsense that an oiltard propagates? Remember Jiggsy, they aren't parrots like you.

 

[Mr. H.]

An opinion piece, but a dandy...

Brazil Stiffs Obama on Oil Deal, Exposing President's Incompetence - Yahoo! News

The crux of the biscuit:

Obama's policy in regard to oil and gas has been a study in incompetence driven by an ideological mania against hydrocarbon fuel in favor of more politically correct forms of energy production. This has not only led to what amounts to a campaign against oil and gas production in the U.S., but embarrassing scandals such as Solyndra, brought on by unwise federal loan guarantees to dubious green energy companies.

Schwizer? Really? LOL... This is a writer who still operates on this topic under the long-debunked notion that Obama gave $2 trillion to Brazil.

Whenever absorbing the RW's horseshit storyline regarding world oil reserves, always be skeptical. This one originates from yet another laughable chain email that cons usually eat right up without any semblance of critical analysis.

FactCheck.org : Bogus Brazilian Oil Claims

Bogus Brazilian Oil Claims
FactCheck.org : Bogus Brazilian Oil Claims
Posted on September 18, 2009

Q: Did Obama loan $2 billion to Brazil’s oil company ... ?

A: The president had nothing to do with the loan, which the Export-Import Bank approved for Brazil to buy U.S.-made equipment and services.

The e-mail is false on two counts.

The message falsely says the decision was due to an "executive order" by the president. No presidential order was required. Furthermore, none of President Obama’s appointees had joined the Ex-Im board at the time of the vote, which was unanimous, and bipartisan. The Ex-Im Bank states: "In fact, at the time the Bank’s Board consisted of three Republicans and two Democrats, all of whom were appointed by George W. Bush."

The message falsely claims that "we have absolutely no gain" from the loan. In fact, the loan is being made specifically to finance purchase by Petrobras of U.S.-made oilfield equipment and services. The mission of the Ex-Im Bank is to encourage exports by making such loans.​

LOL!!!! Catch that last part? Cons such as WSJ columnists and far-right wing forum drones didn't. ... The corporate loan was so that Petrobas can buy U.S. equipment and expertise. ... Nevermind that by investing in Brazil - which turns around and invests in PRIVATE U.S. industry - we might buy oil at reduced cost in the long run, enhancing competition against OPEC and reducing oil prices worldwide.

Cons also try to claim the bank's loan to Petrobas comes from U.S. tax payer dollars - another complete load of anti-Obama horseshit.

This is a writer who admires Sarah Palin, and scribes tripe like this:

Sarah Palin a Modern Cold War Hero in the Making - Yahoo! Voices - voices.yahoo.com

Epic fail.

This proves that Obama is even a bigger fuck than I realized. Thanks.

 

[JiggsCasey]

Whenever absorbing the RW's horseshit storyline regarding world oil reserves, always be skeptical.

Versus the nonsense that an oiltard propagates? Remember Jiggsy, they aren't parrots like you.

No, not versus anything. The assertion stands on it's own quite clearly, evidenced by your team's utter refusal to counter it.

Address the claim in the post, or shut the fuck up.

You're a beaten fool. And you suck horribly at disputing peak oil, ... which is here. And that is true no matter how much you squawk about bitumen, kerogen, fracking or create other false narratives from WWII that have no bearing on today.

This proves that Obama is even a bigger fuck than I realized. Thanks.

How so? Try and flesh it out this time, and don't avoid the question.

It's not our fault you clung yourself to another bullshit RW claim long since debunked. He didn't give $2 billion to Petrobas, and it wasn't tax payer money. Every RW assertion about Brazil's oil after that follows the original lie. Deal with it, and do better.

 

[editec]

Obama recently took spring break in Brazil, and handed out billions in loans for offshore drilling.

Let's look at Brazil's Energy Policy:

Mr. Obama ought to tell the whole story about Brazil, instead of just half of it. He touts the measures Brazil took to improve its energy independence, such as flex-fuel vehicles and biofuels. And yes, Brazil has gone from importing 77% of its oil from foreign sources in 1980 to importing no oil by 2009. A great success story in conservation and alternative energy? Not really. Total Brazilian oil consumption still more than doubled.

The biggest factor is that Brazil increased its domestic oil production over the last two decades by 876% (not a typo). Most of that production has come from offshore exploration.

Stephen Hayward: The Secret to Brazil's Energy Success - WSJ.com


If it's good enough for the U.S. to loan money to Brazil to drill off shore, why don't we allow our domestic oil companies to increase production?[/QUOTE]

You need to educate yourself, dear.

We have. Oil output was up 8.9% in 2008 and 2.82% on 2009

You have, per usual, been tragically misinformed, Boedica.

 

[HUGGY]

but the powers with the death grip on our energy needs have sabotaged every attempt to gain ground in that direction.

Who are you kidding? You can march down to the corner store, buy and set up a nice PV system of any size you wish on your roof, or in your yard, match it with a nice passive solar system you can assemble from bits and pieces you can buy at Lowes, march down to your Nissan dealer and collect a nice electric car (for days you don't want to bicycle), throw some insulation at your house, and man you are DONE.

If it really bothered you, you would stop whining about mysterious powers and pretending to be a victim, get with the program, and SOLVE the problem. If it really bothered you.[/QUOTE]

I'm the least victimized person I know. Nice pep talk though.

 

[RGR]

Whenever absorbing the RW's horseshit storyline regarding world oil reserves, always be skeptical.

Versus the nonsense that an oiltard propagates? Remember Jiggsy, they aren't parrots like you.

No, not versus anything. The assertion stands on it's own quite clearly, evidenced by your team's utter refusal to counter it.

What team? You mean those of us who know what reserves are, have quantified them our entire professional lives versus oiltards? Or parrots?

Address the claim in the post, or shut the fuck up.

You don't have the brains to make a claim, all you can do is cut and paste. And I responded to the piece you haven't understood, don't understand, and won't ever understand.

 

[JiggsCasey]

You don't have the brains to make a claim, all you can do is cut and paste. And I responded to the piece you haven't understood, don't understand, and won't ever understand.

No, you didn't. You ran from it, you unrivaled fraud. It's what you do. You haven't said anything about the Petrobas claim. All you've done is PARROT the squawkings of known abiotic oil theoriest Stevie Gorelick and his wild claims of GoM reserves. That was properly dominated as a load of horseshit, and you went back to acting like a dick on a personal level. It's all you have.

I understand the bogus Brazil claims completely, and supported my work clearly. Meanwhile, the past six months or so, you're coming to grips with the fact that - for all your bloviation - your position has become completely untenable.

So, once again:

The president didn't give $2 billion to Petrobas
U.S. tax money was not used
The reserves found off Brazil are mostly deepwater, sub-salt formations that will be very expensive to develop, and won't make a dent in the overall depletion of existing giants.

Peak of conventional crude arrived in 2005, and the world will never produce more than 95 million barrels per day in any combination of poisonous junk your heroes remain so desperate to accomplish. Never. It can't even meet demand already.

I know that puts sand in your diaper. Your "burn everything" and "ride your bike to work" world of retarded simplicity does not pass the sniff test, but that's what happens when arrogant asshats like yourself remain mired in the first two stages of grief.

Ah well. You can always cling to the "you're just dumb" strategy like you have to this point. Meanwhile, the world continues to break down all around you and you're too stupid to understand why.... Don't touch your money. Everything will be fine for your free market utopia. LOL.

I can not wait to witness the avalanche of U.S. gas companies scramble to bankruptcy when the shale gas boom goes bust this year.