obama allows Brazil to drill in the gulf never mind about the ban

[mudwhistle]

I do skippy.

Hey Stevie Wonder, gotta link?

Here's just a few Louie.

Crude Oil Production

New Era Begins For U.S. Oil Producers As Shale Booms - Investors.com

Oil Imports Are Actually Way Down - Free Weekly Technical Analysis Chart - McClellan Financial

Seems like imports are down only because our consumption has gone down. Could it be the price?? I'll give you time to think about that one. Lol

Our oil production still hasn't returned to 2004 levels.

 

[bigrebnc1775]

You have to admire the sheer pigheadedness of CON$! No matter how wrong you show them to be, they still insist they were Right all along.

Getting the permits was a matter of the oil companies showing they could manage a spill quickly and effectively. But that doesn't serve the perverted hate essential to CON$ervatism so bullshit propaganda is fabricated and that becomes CON$ervative dogma.

FYI, it is the oil monopoly that does not allow the wells to be productive to limit supply by capping the new wells as they are found, therefore the oil monopoly is solely responsible for the high prices. That's how the Monopolistic Capitalism CON$ love and defend so much works, so stop your whining, sucker!

Looks like you're whining. You're the one complaining about this issue now.

What's the best way to shut down drilling/production? Impose expensive EPA requirements on them. Make it more cost-effective for them to drill elsewhere. How bout Brazil? Libya is a bit dicey right now. This is how they raised the cost of R-22 refrigerant from $50 a gal to currently $200 a gal.

Care libtard will say you're lying.

 

[Charles_Main]

And this is the reason he's is allowing them to drill.
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”
Obama: Drill, Brazil, Drill! – Patriot Update
So much for obama wanting America to be independent of foreign oil.

First question? Since WHEN did we OWN the Gulf? And Second? When did we start giving permission for others to drill where they like in International waters?

Actually were not giving them permission, but what we are doing is giving them 2 Billion dollars to help fund it.

 

[bigrebnc1775]

And this is the reason he's is allowing them to drill.
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”
Obama: Drill, Brazil, Drill! – Patriot Update
So much for obama wanting America to be independent of foreign oil.

First question? Since WHEN did we OWN the Gulf? And Second? When did we start giving permission for others to drill where they like in International waters?

Actually were not giving them permission, but what we are doing is giving them 2 Billion dollars to help fund it.

What I want to know is why are we giving a country that is already energy independent any money?

 

[yota5]

President Obama, has done everything that he could to suppress US oil companies. He and the Eco liberals always site the dangers to the environment due to drilling within the US, and off shore waters. Now that he has given the OK for Petrobras, a Brazilian oil company to operate in US territorial waters the Eco-liberals are strangely silent. Why is that? Could it be that Obama, supporter George Soros just bought an 811 million dollar share in Petrobras (PBR). This why we are being held hostage by foreign oil companies. This is why we have an economic calamity in this country. Our elected officials are selling us down the river.

Aug. 15 (Bloomberg) -- Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-controlled oil company his investment fund's largest holding.

As of June 30, the stake in Petrobras, as the Rio de Janeiro-based oil producer is known, made up 22 percent of the $3.68 billion of stocks and American depositary receipts held by Soros Fund Management LLC, according to a filing with the U.S. Securities and Exchange Commission. Petrobras has since slumped 28 percent.

Soros Hedge Fund Bought Petrobras Stake Worth $811 Million - Bloomberg

(Reuters) - The U.S. Interior Department said on Thursday it gave final approval for Petrobras to use the first ever deepwater floating production storage facility in the Gulf of Mexico.

The facility will be used when the company begins oil and natural gas production at its Chinook-Cascade project in the near future, the department said. Petrobras is based in Brazil.

A Petrobras official who asked not to be identified told Reuters that production would begin in May.

The floating facility has a daily production capacity of 80,000 barrels of oil and 16 million cubic feet of gas. It can be disconnected and moved out of the path of a storm, unlike permanently moored production platforms, preventing long-term supply disruptions because of storms.

"These regulatory approvals pave the way for safe, new production of oil and gas resources in the Gulf of Mexico," said Michael Bromwich, who heads the department's agency that oversees offshore drilling.

U.S. approves first floating deepwater storage in Gulf | Reuters

In addition to the development of these fields, Petrobras is conducting an aggressive exploration campaign in the Gulf of Mexico, which includes the acquisition of additional acreage and participation in wells currently being drilled or planned for the near future.

To accomplish and deliver on its Gulf of Mexico operations goals, in the next few years Petrobras will receive three rigs capable of operating in water depths of up to 10,000 ft.

U.S. approves first floating deepwater storage in Gulf | Reuters

Glenn Beck-soros Petrobras Obama Giving 2 Billion To Him

 

[Mustang]

And this is the reason he's is allowing them to drill.
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”
Obama: Drill, Brazil, Drill! – Patriot Update
So much for obama wanting America to be independent of foreign oil.

The article doesn't say anything about Brazil drilling in "The Gulf". It mentions that Brazil is going to develop it's OWN offshore resources. That would be in the Southern Hemisphere. The Gulf of Mexico is in the Northern Hemisphere.

 

[bigrebnc1775]

And this is the reason he's is allowing them to drill.
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”
Obama: Drill, Brazil, Drill! – Patriot Update
So much for obama wanting America to be independent of foreign oil.

The article doesn't say anything about Brazil drilling in "The Gulf". It mentions that Brazil is going to develop it's OWN offshore resources. That would be in the Southern Hemisphere. The Gulf of Mexico is in the Northern Hemisphere.

You are right it doesn't, but I, unlike you knew what it meant.

U.S. issues second post-spill drill permit in Gulf
Petrobras gets permit for U.S. deep waters

WASHINGTON, March 18 (UPI) -- Washington has given Petrobras America Inc. permission to start oil and gas production in the Gulf of Mexico, a regulator said.

The Bureau of Ocean Energy Management, Regulation and Enforcement gave Petrobras approval to use a floating production storage offloading facility at its Cascade-Chinook project in the Gulf of Mexico.



Read more: Petrobras gets permit for U.S. deep waters - UPI.com[/QUOTE]

 

[Mustang]

And this is the reason he's is allowing them to drill.
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”
Obama: Drill, Brazil, Drill! – Patriot Update
So much for obama wanting America to be independent of foreign oil.

The article doesn't say anything about Brazil drilling in "The Gulf". It mentions that Brazil is going to develop it's OWN offshore resources. That would be in the Southern Hemisphere. The Gulf of Mexico is in the Northern Hemisphere.

You are right it doesn't, but I, unlike you knew what it meant.

U.S. issues second post-spill drill permit in Gulf
Petrobras gets permit for U.S. deep waters

WASHINGTON, March 18 (UPI) -- Washington has given Petrobras America Inc. permission to start oil and gas production in the Gulf of Mexico, a regulator said.

The Bureau of Ocean Energy Management, Regulation and Enforcement gave Petrobras approval to use a floating production storage offloading facility at its Cascade-Chinook project in the Gulf of Mexico.



Read more: Petrobras gets permit for U.S. deep waters - UPI.com

[/quote]

Sounds like two separate projects.

 

[bigrebnc1775]

The article doesn't say anything about Brazil drilling in "The Gulf". It mentions that Brazil is going to develop it's OWN offshore resources. That would be in the Southern Hemisphere. The Gulf of Mexico is in the Northern Hemisphere.

You are right it doesn't, but I, unlike you knew what it meant.

U.S. issues second post-spill drill permit in Gulf
Petrobras gets permit for U.S. deep waters

WASHINGTON, March 18 (UPI) -- Washington has given Petrobras America Inc. permission to start oil and gas production in the Gulf of Mexico, a regulator said.

The Bureau of Ocean Energy Management, Regulation and Enforcement gave Petrobras approval to use a floating production storage offloading facility at its Cascade-Chinook project in the Gulf of Mexico.



Read more: Petrobras gets permit for U.S. deep waters - UPI.com

Sounds like two separate projects.

Nope Petrobras America Inc is mentioned in both articles.

 

[paperview]

You know this isn't taxpayer money, right?

 

[Mustang]

You are right it doesn't, but I, unlike you knew what it meant.

U.S. issues second post-spill drill permit in Gulf
Petrobras gets permit for U.S. deep waters

WASHINGTON, March 18 (UPI) -- Washington has given Petrobras America Inc. permission to start oil and gas production in the Gulf of Mexico, a regulator said.

The Bureau of Ocean Energy Management, Regulation and Enforcement gave Petrobras approval to use a floating production storage offloading facility at its Cascade-Chinook project in the Gulf of Mexico.



Read more: Petrobras gets permit for U.S. deep waters - UPI.com

Sounds like two separate projects.

Nope Petrobras America Inc is mentioned in both articles.[/quote]

So? Large corporations have several projects going at a time. The largest corporations have projects in various stages of development all over the world.

 

[bigrebnc1775]

Sounds like two separate projects.

Nope Petrobras America Inc is mentioned in both articles ..

So? Large corporations have several projects going at a time. The largest corporations have projects in various stages of development all over the world[/QUOTE]

It's still the same company the money is still going to the same place.

How are you posting? What ever it is you are messing the post up

 

[Mustang]

Sounds like two separate projects.

Nope Petrobras America Inc is mentioned in both articles ..

So? Large corporations have several projects going at a time. The largest corporations have projects in various stages of development all over the world

It's still the same company the money is still going to the same place.

How are you posting? What ever it is you are messing the post up[/quote]

So what? Helping to develop Brazil's offshore oil will benefit the US if large reserves are found because:

A. new oil fields increase supply and will help to lower prices.
B. any oil we import from Brazil is oil we don't have to buy from the ME.

Additionally, on the Gulf issue, if a Brazilian company drills in American waters, how is that any different from any foreign company (like BP) taking a risk to explore and drill for oil. They're still going to have to pay fees to the US in order to drill off our coast, and the oil will almost certainly be refined in the USA.

What's the problem?

 

[bigrebnc1775]

Nope Petrobras America Inc is mentioned in both articles ..

So? Large corporations have several projects going at a time. The largest corporations have projects in various stages of development all over the world

It's still the same company the money is still going to the same place.

How are you posting? What ever it is you are messing the post up [/quote]

So what? Helping to develop Brazil's offshore oil will benefit the US if large reserves are found because:

A. new oil fields increase supply and will help to lower prices.
B. any oil we import from Brazil is oil we don't have to buy from the ME.

Additionally, on the Gulf issue, if a Brazilian company drills in American waters, how is that any different from any foreign company (like BP) taking a risk to explore and drill for oil. They're still going to have to pay fees to the US in order to drill off our coast, and the oil will almost certainly be refined in the USA.

What's the problem?

A. new oil fields increase supply and will help to lower prices.

People have to have jobs to have money to buy anything so this point is motto without a job

B. any oil we import from Brazil is oil we don't have to buy from the ME.

Why not buy oil produced by Americans in America?

Additionally, on the Gulf issue, if a Brazilian company drills in American waters, how is that any different from any foreign company (like BP) taking a risk to explore and drill for oil. They're still going to have to pay fees to the US in order to drill off our coast, and the oil will almost certainly be refined in the USA.

It's not Americans working those rigs

 

[Mustang]

Nope Petrobras America Inc is mentioned in both articles ..

So? Large corporations have several projects going at a time. The largest corporations have projects in various stages of development all over the world

It's still the same company the money is still going to the same place.

How are you posting? What ever it is you are messing the post up

A. new oil fields increase supply and will help to lower prices.

People have to have jobs to have money to buy anything so this point is motto without a job

B. any oil we import from Brazil is oil we don't have to buy from the ME.

Why not buy oil produced by Americans in America?

Additionally, on the Gulf issue, if a Brazilian company drills in American waters, how is that any different from any foreign company (like BP) taking a risk to explore and drill for oil. They're still going to have to pay fees to the US in order to drill off our coast, and the oil will almost certainly be refined in the USA.

It's not Americans working those rigs[/quote]

How do you know that no Americans will be working on those rigs?

 

[bigrebnc1775]

So? Large corporations have several projects going at a time. The largest corporations have projects in various stages of development all over the world

It's still the same company the money is still going to the same place.

How are you posting? What ever it is you are messing the post up

People have to have jobs to have money to buy anything so this point is motto without a job

B. any oil we import from Brazil is oil we don't have to buy from the ME.

Why not buy oil produced by Americans in America?

Additionally, on the Gulf issue, if a Brazilian company drills in American waters, how is that any different from any foreign company (like BP) taking a risk to explore and drill for oil. They're still going to have to pay fees to the US in order to drill off our coast, and the oil will almost certainly be refined in the USA.

It's not Americans working those rigs

How do you know that no Americans will be working on those rigs?[/QUOTE]

I have tried to fix this post but everytime you reply you **** it up stop doing what ever it is you are doing.

 

[edthecynic]

Hey Stevie Wonder, gotta link?

Here's just a few Louie.

Crude Oil Production

New Era Begins For U.S. Oil Producers As Shale Booms - Investors.com

Oil Imports Are Actually Way Down - Free Weekly Technical Analysis Chart - McClellan Financial

Seems like imports are down only because our consumption has gone down. Could it be the price?? I'll give you time to think about that one. Lol

Our oil production still hasn't returned to 2004 levels.

Unless, of course, you want to credit Bush, then suddenly domestic oil production is the highest since 2003

National Journal: Obama Taking Credit For Bush's Boost In Oil Production | Virginia Right!

National Journal writes, “He doesn’t want to admit it, but President Obama is taking credit for something George W. Bush did. The White House is touting federal data that shows domestic oil production is at its highest level since 2003.

 

[edthecynic]

If Obama fails we win.

And by "we" you mean the GOP.
Thank you for admitting you are the lowest form of political hack. The kind of Party hack that wants Americans to suffer so their Party can score political points.

 

[edthecynic]

Obama did nothing to save the economy. Evidence is coming to light that he and his associates may have had a hand in it's near collapse, and are currently planning another in May.

And a looney toon like that get to vote!

 

[LilOlLady]

And this is the reason he's is allowing them to drill.
“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”
Obama: Drill, Brazil, Drill! – Patriot Update
So much for obama wanting America to be independent of foreign oil.

Brazil don't need permission from Obama to drill. In the gulf? Gulf of Mexico?
Wanting to be independent is far from being independent. We will never replace oil. We will run out and still not have a replacemen.
Smart move by Obama to be in Brazil because it will be a source of cheap oil and we need cheap oil.
Brazil is sitting on a huge oil reserve that needs to be developed. US off-shore companies could not afford to keep their rigs sitting out there in the gulf not doing anything. The big ones cost about $250,000 a day to have on site. Keeping those rigs out there doing nothing might be considered economical for a government like the US but not a private company. Other countries have picked up the leases on those rigs. They are gone.