CRUDE AWAKENINGS:14. Obama financing oil exploration off Brazil

When I’m writing three blogs in one day, I have a lot on my mind.

I couldn’t help but be unnerved by Mr. Obama’s visit to the oil slick off the Gulf Coast.  He was briefed 50 minutes before arriving in Louisiana.  This shows how really important this Catastrophe is to him.  I quote: “BP (British Petroleum) is responsible for this leak.  BP will be paying the bill.”

Here’s why he wants them to shoulder the ENTIRE cost.  The US is getting ready to lend billions of dollars to Brazil’s state-owned oil company, Petrobras. This will finance exploration of the huge discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. But let’s look on the bright side. If Mr. Obama has embraced offshore drilling in Brazil, why not the old U.S.A.?  The land of the sorta free and the home of the heavily endebted.  Yes, before the spill we were going to do more offshore drilling, but now he has second thoughts, more restrictions.  But we’re going to POUR money into Brazil’s drilling program when we have enormous offshore oil deposits to take a risk on.  Remember folks, offshore drilling now will be like going to the moon – higher risks in unchartered territory because we have to.

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About bettybyrd

Betty Byrd is an editor, author, and actress. She graduated from the University of Arizona with a degree in creative writing, and furthered her literary career through graduate studies at Ohio State University. She was an editor for The Spectator, Ohio’s largest weekly newspaper, and has free – lanced for a national men’s magazine. Betty has appeared in film and television, as well as numerous commercials and mini-series. She is a voting member of the American Federation of Television Artists and also of the Screen Actors Guild. In 2002-2003 Betty was accepted into the Who’s Who of America and in 2007-2008, the Who’s Who of American Women. Her previous literary works include a novel, Trinity’s Daughter, for which she was honored as a local author by the San Diego Public Library. She is also a recipient of a first place fiction writing award for her new novel, Utopia, Texas at the prestigious Santa Barbara Writer’s Conference. Betty has had successful book-signings across the country to large crowds at local Barnes and Nobles and other bookstores. She has been featured in newspapers, and appeared on NBC – TV, and radio talk shows. Betty currently lives in Southern California with her husband and family.
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