Is this my conspiracy hat again????

[dabrockster]

Let me know if my tinfoil hat is in full effect.. Thanks..

August 14th Soros makes some major changes to his share in Oil in Brazil.. August 18th. Obama Admin report the funding of 2 Billion to Brazil Oil company Petrobras...


Links:
http://www.bloomberg.com/apps/news?p...d=a.V5sgGzdsQY

http://online.wsj.com/article/SB1000...120524166.html


And even though we have our HUGE oil disaster it looks like we are still funding this as scheduled as we stop all oil production in our own country...

[Katy Lied]

[wuapinmon]

Yes, it's your hat.

[il Padrino Ute]

No, it's not your hat. Obama should explain this.

[dabrockster]

Can someone explain how this is any different then Haliburton? Soros made a killing on this. When he strengthened his shares in Petrobras, it became his 2nd largest holding his his portfolio..


What seems to be even more transparent is the fact that we the U.S. are funding an organization that really doesn't need any funding.. And the drill that is going to be built will be an extremely deep drill. Over 2,700 meters. While we just stopped all drilling that would have an even larger impact on our economy in the Gulf and put a limit depth at 500 feet.. Something to me seems fishy.. I think Obama was trying to calm the masses on the fringe-left environmental side and not look like he is in bed with the Oil companies. But in the end it seems like he is in fact in bed with them.

It is Politics as usual, which he proclaimed would not be the case, as he rode that gravy-train all the way to the WH...

Members of a panel of experts brought in to advise the Obama administration on how to address offshore drilling safety after the Deepwater Horizon disaster now say Interior Secretary Ken Salazar falsely implied they supported a six-month drilling moratorium they actually oppose.

Salazar's May 27 report to President Barack Obama said a panel of seven experts "peer reviewed" his recommendations, which included a six-month moratorium on all ongoing drilling in waters deeper than 500 feet. That prohibition took effect a few days later, but the angry panel members and some others who contributed to the Salazar report said they had reviewed only an earlier version of the secretary's report that suggested a six-month moratorium only on new drilling, and then only in waters deeper than 1,000 feet.

"We broadly agree with the detailed recommendations in the report and compliment the Department of Interior for its efforts," a joint letter from the panelists to various politicians says. "However, we do not agree with the six month blanket moratorium on floating drilling. A moratorium was added after the final review and was never agreed to by the contributors."

The experts' criticism of the moratorium and effort to distance themselves from it come as oil production companies prepare to move mobile deepwater rigs out of the Gulf of Mexico, threatening thousands of jobs in Louisiana that support those drilling operations with supply boats and shoreside services.

"A blanket moratorium is not the answer. It will not measurably reduce risk further and it will have a lasting impact on the nation's economy which may be greater than that of the oil spill," the letter says. "We do not believe punishing the innocent is the right thing to do."

One of the panelists who signed the letter, University of California at Berkeley engineering professor Bob Bea, said in an e-mail message that a moratorium should be reserved for "unconventional, very hazardous operations" and shouldn't apply to the "majority of conventional offshore operations, (which) meet fundamental requirements for acceptable risks."

"Moratorium was not a part of the ... report we consulted-advised-reviewed," Bea wrote. "Word from DOI (Interior Department) was it was a W(hite) H(ouse) request."

Link:
http://www.nola.com/news/t-p/frontpa...870.xml&coll=1

[dabrockster]

Looks like a New Orleans judge did not like the Moratorium by Obama, and has cleared the way for drilling to continue.. Not sure if he has the authority or where it will go from here but it will be interesting to see...

Link:
http://www.bloomberg.com/news/2010-0...ral-judge.html

[statman]

Looks like a New Orleans judge did not like the Moratorium by Obama, and has cleared the way for drilling to continue.. Not sure if he has the authority or where it will go from here but it will be interesting to see...

Link:
http://www.bloomberg.com/news/2010-0...ral-judge.html

But unfortunately, 1/4 of the depp water exploratory rigs in the Gulf have already been moved to Brazil. Less $ for the Gulf States, and more money for Soros. the damage has already been done...