Tuesday, March 22, 2011

Obama Is OK with Off Shore Drilling--Just Not Our Shores

According to this AFP report, during his recent visit to Brazil, President Obama and the U.S. Export-Import Bank "announced $2 billion in credit to Brazilian state-run oil giant Petrobras, Latin America's biggest company, which aims to become one of the world's biggest oil producers in coming years." Where will that drilling take place--yep off Brazil's shores.

So a drilling moratorium for American oil production but a $2 billion credit card for a Brazilian company to drill for oil off its own shores.

Yeah, that works for American energy independence.

The word you are looking for is hypocrisy.

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