This Is Odd
Apparently the administration has promised to underwrite the development of oil reserves off the coast of Brazil.
The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that White House National Security Adviser James Jones met this month with Brazilian officials to talk about the loan.
Its odd because democrats won’t allow for the development of our off shore oil reserves but they actively fund, with US taxpayer money, other countries oil reserves. Not sure what to make of this.