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Tag Archives: Drilling

The Obama Administration, $2 Billion to Petrobas and the Cuban Connection

Back on August 20th, I wrote a quick post about an item I saw on Michelle Malkin’s blog – Hot Air’s Ed Morrissey commented on the Obama administration’s funding of $2 billion dollars to Brazil for off-shore drilling.
Hot Air’s Ed Morrissey sheds some light on an American investment in off-shore drilling.
Wait — did I say [...]

Ex-Im Bank Responds on Brazil Loans

Fred P. Hochberg,  Chairman and President of the Export-Import Bank answers criticism from the Wall Street Journal regarding the $2 billion plus loans to Petrobras to drill offshore.  Well, he doesn’t so much answer the criticism as attempt to brush them off with a brusk explanation of the bank’s mission and a vague assertion that [...]

Obama. Soros. $2 Billion and Offshore Drilling

Hot Air’s Ed Morrissey sheds some light on an American investment in off-shore drilling.
Wait — did I say American resources?  That’s true, but only in the South American sense (via Gateway Pundit):
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 [...]

Fuelish Choices and Unintended Consequences

In today’s New York Times, Andrew Martin does a good job covering the debate  over grain-based ethanol and global food prices.    As market forces come to bear on grain crops, the fact that 20% of America’s corn crop is going to ethanol is starting to reverberate in the global grain markets.
There shouldn’t be much of [...]

N-I-M-B-Y

Sometime around in 1970, an artist goes to a remote location, pristine and yet despoiled by a rotting pier and shacks along the shore.  He takes a dump truck and moves a bunch of rocks around to make a “jetty spiral”  in the Great Salt Lake. 
The deputy director at Dia, Laura Raicovich, agreed that Mr. [Robert] [...]