Very interesting adjunct to the Keystone Oil pandering....
Obama has put a tremendous amount of effort into cultivating the Brazilian oil industry. In fact, he offered Brazil’s Petrobras oil company $2 billion in loan subsidies to encourage precisely the kind of offshore exploration he has forbidden American companies to engage in. His offshore drilling moratorium has already cost the American economy over a billion dollars, and killed 20,000 jobs.
Tuesday, January 24, 2012
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