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Obama lends $2 billion to drill in Brazil, but not U.S.?

Posted by on Aug 23rd, 2009 and filed under International. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Obama backer George Soros, who benefits from U.S. money to drill in Brazil

Obama backer George Soros, who benefits from U.S. money to drill in Brazil

From FOXNews.com

President Obama has opposed any expanded oil drilling off American shores largely on environmental grounds, turning a deaf ear to conservative cries of “Drill, Baby, Drill.”

But now Obama may start hearing cries of “foul” after the U.S. Export-Import Bank promised Petrobras, Brazil’s state-owned oil company, $2 billion in loan guarantees to help finance lucrative drilling off the shores of Rio De Janeiro.

Full article here

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