Drill, Brazil, Drill?

posted at 8:50 am on March 22, 2011 by Ed Morrissey

For a man who opposes domestic production of American crude oil in the oceans, Barack Obama seems awfully eager to push Brazil into the kind of exploration and extraction that his administration blocks here in the US.  Investors Business Daily calls this policy Drill, Brazil, Drill, a takeoff of Sarah Palin’s Drill, Baby, Drill support for unleashing US energy resources.  Obama’s plea also negates the reason he claimed that the trip was necessary in the first place:

Now, with a seven-year offshore drilling ban in effect off of both coasts, on Alaska’s continental shelf and in much of the Gulf of Mexico — and a de facto moratorium covering the rest — Obama tells the Brazilians:

“We want to help you with the technology and support to develop these oil reserves safely. And when you’re ready to start selling, we want to be one of your best customers.”

Obama wants to develop Brazilian offshore oil to help the Brazilian economy create jobs for Brazilian workers while Americans are left unemployed in the face of skyrocketing energy prices by an administration that despises fossil fuels as a threat to the environment and wants to increase our dependency on foreign oil.

Let’s recall why Obama claimed this trip was so necessary that it had to take place just as he started a war in Libya.  On Thursday, he wrote an op-ed in USA Today that he needed to boost American exports in order to create jobs:

Every $1 billion we export supports more than 5,000 jobs here at home. That’s why last year, I set a goal for this country: to double our exports of goods and services by 2014. And we are on track to meet this goal: exports were up 17% in 2010.

The impressive growth that we’ve seen in Latin America in recent years is good for the people of the hemisphere, and it’s good for us. Thanks in part to our trade agreements across the region, we now export three times as much to Latin America as we do to China, and our exports to the region — which are growing faster than our exports to the rest of the world — will soon support more than 2 million jobs here in the United States.

Instead, Obama appears to be in Brazil promoting imports rather than exports.  Instead of working toward American energy independence, Obama pledges to become even more dependent on South American oil.  The very same fossil fuel that Obama incessantly eschews when it comes from American territory, he embraces when it comes from Brazil.

If Obama was really interested in job creation, he would end his permitoriums on off-shore drilling.  His administration would dismantle the obstacles blocking extraction of oil in the interior West, where an estimated 800 billion barrels of oil await extraction from shale formations.  Obama would call off the EPA and allow Americans to have the same latitude to get at and use our natural resources as he insists that Brazil do.  That would support millions of American jobs, and we wouldn’t have to send vast sums of American wealth to Brazil.

I have nothing against Brazil selling its oil on the open market.  I wish Obama felt the same way about Americans as he apparently does about Brazilians.


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Comment pages: 1 2

Lie, Barry, Lie.

profitsbeard on March 22, 2011 at 6:38 PM

He may not be drilling for oil in the US, but sure is digging a mighty deep hole for himself and the country.

/what a disaster. If he was an off-shore rig, he’d be closed down.

AZfederalist on March 22, 2011 at 10:36 PM

I was just having a discussion with a collegue who preferred to believe that obama had some hidden motive for trying so desperately to destroy the American economy. On this point, there was no disagreement, but I wanted to explain that it was infinitely simpler than this. And not hidden in any way.

soros has financed obama to the tune of millions, either in direct contributions or creating and/or funding leftist propaganda and community organizing groups, and this is just the funding we know about. soros has done this for no more reason than to get more money (or toys, if you will. An American president is one hell of a toy, you must admit).

To think soros didn’t expect payback would be naive at best. To ascribe a deeper motive than what we see right before our eyes is mere conspiracy theorizing and unnecessary.

obama gave 2 billion dollars to petrobas. Why? Because his patron soros is a huge stockholder. obama is strangling domestic energy (especially oil) production. Why? It pushes up the price of oil. obama sits idly by while the middle east burns, or signs on to a war which will guarantee that Libya’s production will remain offline for as long as possible. Why? See the last answer. Can you imagine what kind of money soros is making off oil at $100 per barrel?

Don’t ascribe to dark conspiracy what can be easily explained through simple greed. Oh, and imagine if all of the above could have been shown to be the fault of Bush? What would the leftist media say???

runawayyyy on March 23, 2011 at 2:59 PM

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