Obama To Brazil - Drill, Baby, Drill

Something Under The Radar

The Smirksalot Administration is becoming more famous over time for things that are going on under the radar and it it no thanks to The Lame Stream Media for their particular flavor of news coverage which consists on being a cheering section for lunacy. But if you've had the unfortunate experience of pulling up to the gas pump lately, I hope you didn't pee down your leg while gasping for air at the same time. This is one they can't blame on Bush. In fact, the very fact that a comparison of gas prices during the first two years of each Presidency serves to illustrate this point. Bush @ a minus 8%, Obama @ a plus 55% for you Bush blamers out there.

What the heck is this guy thinking? What did he do now, you ask? Becoming a frequently asked question, isn't it? This one flew completely under the radar with the majority Americans as the brush fire in Libya took the light of day off of it. Being a retired military mind, I learned long ago to keep my down looking radar on and pay attention to what they don't want me to see. Kind of like a human AWACS, only without all the amenities. So lets turn yours on, spin some knobs and fine tune your radar too. I highly suggest everyone in America START paying attention -, close attention.

This nation, and the majority of the world, is dependent on fossil fuels in many aspects of our lives, transportation and electricity production being foremost. Oil, Baby, Oil makes the world go round. Whether you agree with that doesn't matter in the least because it is a fact. Whether we should do something about that isn't up for question either, nor the subject of this article. I try to stay on topic when I can. The reality is what it is and the subject here is the apparent lack of any domestic oil production policy by this administration. I'm going somewhere with this so keep reading.

You may not remember when Smirky agreed to loan $2 billion to Brazil as an investment in state-owned Petrobras to assist them in developing their off-shore oil production capabilities. It hit the news on August 18th of 2009 and my radar honed right in on it. Why in the world were we doing that I questioned at the time? Eighteen months later I begin to get the whole picture as The Smirkster, and family, vacationed in South America with a stop in Brazil.

On March 19th of this year, a White House Press Briefing was held and this statement was made,

“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. At a time when we’ve been reminded how easily instability in other parts of the world can affect the price of oil, the United States could not be happier with the potential for a new, stable source of energy.”

Talk about sugar coating something! WOWSER!!!

Now think that through and through. Just a nugget, or two or three, to help wash it all down with. Nugget #1 is that while he's doing that, we're sitting on one of the world's largest known oil reserves in this country known as the Bakken Formation up in the Montana, North and South Dakota. Google it and take a look see if you haven't. Nuggest #2 is that under his "new" policy he wants to import more foreign oil while at the same time slapping a moratorium on oil production in our own waters. Does that make the least bit of sense? Nugget #3 is that this administration continues to be a major obstacle in oil production development in the ANWR.

Someone must be out of their friggin minds and it ain't this frog. I thought that the focus NOW (smirks to himself) was going to be on job creation in this country? Why are we creating jobs in Brazil while the ranks of the unemployed are swelled because American oil production workers become unemployed? One of The Whine House's explanations is that we need a more stable environment than the Middle East from which to obtain our oil. When was the last time they had a revolt in the Gulf of Mexico, or Montana, or the Dakota's or the ANWR (unless the moose have been getting feisty lately I missed it)?

We presently import approximately 66% of our oil needs. That's what our Chief Executive (is he really?) should be addressing. Invest money, if the federal government needs to get their meat flippers into it in the first place, in our own domestic oil production, not a foreign country's.

In 2007 alone, we imported 3.66 billion barrels of oil so lets do some math on that with currency flows. Using the present day figure of $103.00 per barrel, we are exporting $380 billion out of American pocketbooks into foreign pocketbooks. Now it is laudable that The Smirky One is down there vacationing on the pretense of increasing US exports, but exporting our dollars should not be on his agenda. Compound that with the fact that we're running a trade deficit of about half a trillion a year and what does that mean? Simple. It means that the cost of future goods that American's will purchase do what? I'll let you fill in the blanks there.

This isn't going well at all. Why did we invest 2 billion dollars in 2009? The right to buy oil from another foreign source? I guess his definition of "free markets" and mine differ significantly. But there is another connection here that is flying under the radar and I'm not a conspiracy theorist but it does have some merit - George Soros. I know, I know, not him again. The man behind the curtain is quietly watching as Obama works his magic in Rio. How so you ask? This just may be a coincidence. You tell me.

In 2009 when Obama extended the 2 billion dollar "loan" to Brazil, Soros had previously positioned himself financially to receive dividends from Petrobras. No way, you say! Facts are facts. And his hedge fund did it intentionally. I hardly feel it was coincidental myself. Soros is a whack job but he exploits the markets where he can. Isn't the use of insider information a no-no? Not when it comes from the POTUS himself huh? Or maybe he is pulling his puppet's strings to achieve the desired return on his investment (ROA). He has been known to do that sort of thing. Here's a link to a flashback article concerning this whole mess.

http://current.com/news/92502540_flashback-obama-pumps-u-s-taxpayer-money-into-soros-investment-brazilian-offshore-drilling-company-petrobras.htm

All I can say is how utterly convenient that some left wing loon like Soros invests maga-bucks in a foreign based oil operation, Obama loans them 2 billion clams to develop their off-shore drilling capabilities and then he vacations to Rio and makes it seem like we're doing them a favor by buying more foreign oil from them. Where's the loyalty lie in all of that? If you don't seriously examine that very question itself, then what are you thinking? The dots aren't connecting above the radar but below the radar something isn't right in Oshkosh.

I'm just The Frog taking a downward look again. There are other "under the radar" activities I want to write about, but those can be forthcoming at a later date. I hope you enjoy the manner in which I try to shed some light on the day. If so, please let your friends know that there's a new Frog Gunslinger here on the Hub. LMAO I can't say that what is going on with this administration is "as fine as frog hair" because that sure isn't the case.

Ya'll have a good day now, ya heah?

PS - The Smirkster did just announce that he was cutting his trip "a few hours short" so that he can return to address the nation's problems. How gracious of the man.


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Comments 42 comments

Stu From VT 5 years ago

Frog - this is alot more complex than you think. Too much for a post, but I can explain what is happening in a phone call. Unfortunatelty, I'll be tied today with with business calls, but call me on Thursday and I'll fill you in. There is actually a very simple exeplanation to explain Obama's behvior, but too complex for a post (802-658-1732).

Stu

PS: The Soros connection to Petrobas is the most minor part of the issue. The issue is Iran. I can prove it.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

I hope every liberal loony toon in the world doesn't spam your phone number buddy! LMAO

I realize there is more here than meets the eye but space constraints sometimes make me put the bottom lines upfront.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Stu - Being the gifted intellectual and writer that I know you are, please take this opportunity to bang away on your keyboard and write a Hub to inform everyone who reads it!


breakfastpop profile image

breakfastpop 5 years ago

Excellent piece of writing. When I heard Obama tell Brazil to "drill baby drill" I thought I would lose my mind. Clearly, he's lost his. Voted up and awesome and useful!


Marcuss profile image

Marcuss 5 years ago

The pure evil of that POS that occasionally stays at the WHINE HOUSE is selling us out to the NWO. That was the whole reason for him being chosen pResident by Soros. We still are not broke enough as a country yet.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Marcuss - Smirksalot has us quickly moving toward the goal of bankruptcy.


lady_love158 profile image

lady_love158 5 years ago

Obviously all this us pay back to Soros for support and I'm sure Obama wants George to keep him in mind as he begins his 2012 reelection bid!


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

lady_love - There is an old saying about "just follow the money." I think it was invented with politicians in mind.


TheManWithNoPants profile image

TheManWithNoPants 5 years ago from Tucson, Az.

Frog.

I'm starting to get the impression that you don't like Obama. You want us to drill in Montana and tap into these giant reserves? It's oil Frog. Do you know how messy that stuff is? It's almost impossible to get the stain out of your clothes once it sets in, and those guys working on the rigs would get the stuff all over themselves. Those clothes have to be washed Frog. Lots and lots of detergent.

Now consider this. If we start using our own oil, we won't be in three or four wars at one time, all in the middle east. After all,the only ruthless dictators we're concerned with are the one's with oil, right? Well Mr. Frog, what are we going to do with all of those soldiers? Bring em home and put em on the border? That would stop illegal immigration, then how n the hell am I supposed to get my house painted for six hundred bucks?

I just don't think you're looking at the big picture Frog. The next thing you'll be saying is that united health care shouldn't stuffed down our unwilling throats. See, what you're missing here Frog, is that Mr. Obama is real, real smart. He's smarter than the majority three hundred million Americans all put together. Now that's smart my friend. (snort, snort) I know, Hussein and Mike appear to be arrogant. They're not. It's just that they're so much smarter than us common dumb asses, that it appears that way. They really like us. They wouldn't take on the big job of doing all our thinking for us if they didn't.

This was a well written piece Frog, I'm just glad I could be the voice of reason here my friend.

jim


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

Obama is painting us into an oil-dependent corner. Under his orders, the agency responsible for issuing drilling permits in the Gulf has issued just two in over a year!

Just as Obama and other oil hating leftists wanted, gas prices are soaring and many predict it will be well over $5 per gallon in a year. This delights the far left who don't give a rat's behind who it will hurt, and it will hurt us all by driving up prices on virtually everything.

Most of all, it will hurt the same poor that the left pretends it cares so much about.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Jim - Dammit for a minute there I mistook you for a left wing loon :)

My article called "Happy Anniversary Honey" was my take on health, at least part of it.

BTW! Go to the Flip Flop on GITMO article and read the exchange I had with a user. Some people just don't get it.

I am Smirksalot's biggest fan. Glad you noticed.


TheManWithNoPants profile image

TheManWithNoPants 5 years ago from Tucson, Az.

Na,

I'm just a plain old loon. No left, slightly right, thus always right my friend!

jim


vrajavala profile image

vrajavala 5 years ago from Port St. Lucie

Salazar has to report to congress. Call your Congress person to bend their ear.

good hub.


The Frog Princess profile image

The Frog Princess 5 years ago from Florence area of the Great Pee Dee of South Carolina

Man with no pants-loved your comments to the frog. I needed to laugh and you have done it on this lovely evening in the south.


poorconservative1 profile image

poorconservative1 5 years ago

FP

Ya know, I imagine that it's hard for the left to pay attention to the gas prices when the lame steam media (I love that term) doesn't blast it in their faces every five minutes like they did when Busch was Prez. Yeah, I heard about this Brazil stuff, does this guy hate America or what? And realistically he can't promise Brazil anything, by the time their ready to sell he might not even be Prez. anymore, if the Brazilians were smart they would just take the money and run. It seems like he wants everybody except the U.S. to produce oil. Great Hub.

Thanks

Chuck


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Chuck - Good point but Soros would have made his bundle and moved on.

TFP


SheriSapp profile image

SheriSapp 5 years ago from West Virginia

I was so pleased (not) to hear he even took lobbyists, on OUR dime, on this trip. I keep hoping he will decide this nation is just too damn dumb for his magnificence and I hope he will choose to relocate to one of his MANY vacation spots!!


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Sheri - ah yes, there is always "hope!" Please take a minute and check out my latest Hub article on being a conservative.

Have an awesome day.

The Frog


50 Caliber profile image

50 Caliber 5 years ago from Arizona

Frog, the scream of all the turbines failing at once on Airforce One,sans parachutes, would be as sweet as 20 hookers turned loose in a prison of men who had been locked up for 20 years.... LOL, 50


mslizzee profile image

mslizzee 5 years ago from Buncombe County, NC

Good Hub. Do you think there is a connection between loaning Brazil 2 bil for off shore drilling and Obama's investment portfolio???? Let me see now, if the USA needs Oil, and you pump money into a neighbor so they can drill and you restrict drilling in your own country, well my golly maybe some one is going to get rich on oil if they make the right moves.

Obama took these executives to Brazil with him:

Jeffrey R Immelt, CEO General Electric

Aris Candris, CEO Westinghouse

James T Hackett, CEO Anadarko Petroleum Corp

John V Faraci, CEO International Paper

Anthony S. Harrington, CEO Albright Stonebridge Group


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

mslizzee - I've often pondered what we would find in all these elected official's investment portfolios if we could open them up for public view.

You know Obama has GE in his back pocket. It has become too obvious that the link is there. GE covers a lot of ground if anyone bothers to look at the makeup of the corporation.

Thanks for your wise reflections on the issue.

The Frog


vrajavala profile image

vrajavala 5 years ago from Port St. Lucie

If you readhttp://lamecherry.blogspot.com the author explains that therE are numerous varieties of corn, and that the entire kernel of corn is not used in making ethanol. Just another lie promoted by unfortunates that there is a competition between nutrition and alternative fuel. National security means self reliance and that we are not.


b. Malin profile image

b. Malin 5 years ago

I so have to agree with Breakfastpops and few others posts here, but what's with Stu from VT. Why, oh why, can't we drill here...tell me why, tell me why...Don't I sound like a song that should be song to Obama here and NOW!


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

vrajavala - Spot on about national security but that escapes many people. Here in SC saw grass grows all along the highways and byways. You can make ethanol out of saw grass and many other plants besides corn. Want another example of stupidity regarding ethanol?

The federal government mandated that US automakers manufacture a certain percentage of vehicles that can burn E-85. There short sightedness had to do with supply.

I have a pick-up that burns E-85 - one place in town sells it. I went from here to Sturgis, SD for the rally and found only one place between here and there that sold E-85 and it was closed on Sunday.

It's fine to mandate but the supply lines needed to be addressed simultaneously.


tom hellert profile image

tom hellert 5 years ago from home

froggy,

What would As a Geoloist I know we have oil reserves in the gulf and oil shales of the dakotas and beyond a - greater in size than the middle east- I just dont see how ANYONE can support this guy // Oh yeah thats right they are the healthy people looking fora government check from OBamas stash... aka myfamilies pocket.

I just dont get it how- no one seems to be hammering on this....

TH


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Tom - The Bakken Formation is on the USGS web site and has been for quite a while. We have massive reserves we are sitting on but politics (read - environmentalists) enter into the fray.

The Bakken is beginning to be worked with a new technology that uses horizontal drilling and water to extract the black gold.


stephhicks68 profile image

stephhicks68 5 years ago from Bend, Oregon

Drilling for more finite resources will never help us solve long-term problems. Great hub!


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

steph - I understand that fully. I had to sit in lines during the oil crisis over 30 years ago. How much has been done since then?

And yes, we are still a fossil fuel world and need to accept that and become less dependent on foreign sources of oil as we development what needed to be developed along the path.


samsons1 profile image

samsons1 5 years ago from Tennessee

voted up and useful! Very good article and well written. Informative and concise. I agree whole-heartedly with all your statements about our 'lamebrains' in Washington. Drill baby, drill and I hope we can get someone with backbone to oppose the environmentalist.

thanks for the follow neighbor...


Harvey Stelman profile image

Harvey Stelman 5 years ago from Illinois

Froggy, Why should he help us, he's not our President! H


CHRIS57 profile image

CHRIS57 5 years ago from Northern Germany

Frog - read through this hub and comments after you made me curious in another hub.

Brazilian offshore fields are good for 30 billion plus barrels. The oil shale of the Bakken formation allows 20 billion barrels to be exploited (not to be confused with the total amount that cannot be exploited). If the US tries to tame themselves a little, consumption is 20 million barrels/day. With my math, the Bakken formation will last for 1000 days or less than 3 years. And the Bakken formation is expensive to exploit, no cheap oil.

So what makes more sense? Make a deal with Brazil (they can stick their finger into the ground (offshore) and oil comes out) or make a mess out of Montana and South Dakota for expensive oil.

Now - whatever Obama tries to arrange with Brazil concerning offshore oil, it sounds reasonable.

If you add Brazil offshore and Bakken formation reserves, that makes some 1,5% of world oil reserves. Does anyone really think that this little oil addon has impact on oil pricing?


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Chris - Go back and read the data on the USGS site. Nice try though. Sure, we want to be Brazil's best customer - at our expense. You must be rather young and naive Chris.


CHRIS57 profile image

CHRIS57 5 years ago from Northern Germany

Frog

- yes i am young, just graduated from high school(somewhere north of Detroit, Mi., class of 74). My oldest grandchild is only 5 years old and still in Kindergarten.

- no, i am not naive. Only i get around quite a bit. Because i am a little lazy, i analyze and organize my obervations and make abstractions. And i adopted the habit to look a things from different viewpoints.

So i can´t take comments too serious, that blame Obama for situations that existed before he took over presidency. Oil prices were at the same level as today in summer 2008. Guess who was president at that time.

It is not oil, that worries me. Mr. O. and his Geithners and Bernankes spill the USD down the drain, thats much more important to think about.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Chris - His visit to Brazil didn't take place before he was elected. It just happened and he said what he said.

All these bad policies lumped together are driving us to the edge of the cliff. Hang on on the way down my friend.


Harvey Stelman profile image

Harvey Stelman 5 years ago from Illinois

f anyone here is from Texas, I have a Senate candidate for you. I have a friend that is running for the U.S. Senate in 2012 from Texas. He is presently the VP of the Dallas chapter of the Republican Party. His latest point is to make Unions pay taxes, I had no idea they didn't. You can write him at gregsenate2012@gmail.com

Mention my name, Harvey Stelman


OpinionDuck profile image

OpinionDuck 5 years ago

Frog Prince

The Congress and the Presidents both red and blue had since the 1970s to solve the oil reliance from foreign countries. They all did nothing, some did less than nothing including the current president.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Harvey - I had no idea they didn't pay taxes. But it does figure into what we are seeing.

OpinionDuck - Oh they did something alright. They gave "lip service" to the problem and did their business as usual dance.

Good to see you BTW.


Harvey Stelman profile image

Harvey Stelman 5 years ago from Illinois

Froggy, Why shouldn't Brazil make the money, this is racism? H


JON EWALL profile image

JON EWALL 5 years ago from usa

The Frog Prince

ON 4/8/11 A BARREL OF OIL hit $212.79. It's a repeat of 2006 when it skyrocketed helping to fuel the recession.

George Soros, Wallstreet and Union Pension Funds speculation was the culpert as is now.

I can hear some Congressman hollering about windfall profits.NOT THE OIL COMPANIES ALONE BUT HOW ABOUT THE SPECULATORS.

They are silent because the politicians are counting on campaign donations for the next election


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Jon - I remember when the Saudi Oil Minster did his interview during the last spike. They were just bringing the biggest oil field in the world on line.

He stated that supply wasn't the problem but that speculators were the cause. He was right then and you're dead on the money now.

It's past time that we start drilling the known reserves that we can presently reach in our nation and start to really cut our dependence on oil rather than become someone's "best customer.:


JON EWALL profile image

JON EWALL 5 years ago from usa

The Frog Prince

WHEN THE DEMOCRATS took majority control of Congress in Jan2007, oil prices skyrocketed. Friends of the Left knew that oil production, here in the US was not going to be increased. In Feb. 2007 Senator Mc Caskill held a hearing regarding oil price increases. In Dec 1999 , Clinton’s last year, the laws controlling commodities speculation were revised. The deletions allowed speculators not to have to put up a certain % of cash to purchase the oil contracts. I have written Senator Mc Caskill and reminded her of the hearing that she chaired and on how the problem can be resolved by a simple vote in Congress. The same friends of the past are involved, now Petrobas, the Brazilian state oil company, can be added to the conspiracy. President Obama only needs to release the permits and oil will drop ? 25%. Congressional actions are desperately needed to solve the problems today.


The Frog Prince profile image

The Frog Prince 5 years ago from Arlington, TX Author

Jon - And one of the major investors in Petrobras is - Soros - who has close ties to - Obama. Just a coincidence I am sure.

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