"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."
Those were Obama's words to the Brazilians and it should come as no surprise.
Remember when we supported the U.S. Export-Import Bank's plan to lend $2 billion to Brazil's state-run Petrobras with the promise of more to follow while the President was railing against tax incentives for U.S. oil companies?
His administration is even stalling on plans to build a pipeline to deliver oil from Canada's tar sands to the U.S. market because it crosses an international border, on the grounds that it needs further environmental review. Shipping oil by tanker from Brazil is safer and more secure?
Let the Brazilians, Chinese, Cubans, Russians, etc. drill off our coasts (and elsewhere) - even with our financial support -, but drilling off Virginia or California (or the ANWAR for that matter) is of course a no-no.
A simple incoherence in policy? No, in light of all the anti-growth, anti-energy independence policies of his Administration I am alleging a calculated policy of destroying American superiority.
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