More Good News for Brazil. And Obama.

 

It seems that Brazil’s offshore oil reserves are greater than anyone expected.  From pennenergy.com:

Brazil had another reason to celebrate its May 1 national Labor Day bash. The new reason was the start-up of first oil at the mega Tupi field in the Santos basin. This first extended well test (EWT) of the subsalt formations began producing at a rate of 14,000 b/d of oil and should peak around 30,000 b/d, operator Petrobras says.

Petrobras has not reckoned the size of the BM-S-11 reserves beyond its initial estimates of 5-8 Bbbl of recoverable light oil. The amount, however, was considered staggering enough to inspire President Luiz Inacio Lula da Silva to declare that “God is Brazilian.”

God is Brazillian.  But then, our president is a big fan of Brazil, too.  Especially its offshore oil reserves.  As he said a few months ago in Brazil:

…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.

We have a lot of oil off our shores, too.  The politically correct position goes something like this:  sure, we’ve got huge reserves.  But we have no idea if we have enough to make a difference.

But as the Brazillians have taught us, you don’t know for sure until you drill.  Meanwhile:

There are 6 comments.

  1. Johnny Hammerstock Inactive

    Icarus bicarus

    Barack H Obama

    plotting to fly us too

    close to the Sun.

    “Watch how we’ll soar !”, he jived

    unicornisticly

    “Feathers may fly but, hey,

    I am the One!”

    • #1
    • May 11, 2011, at 2:52 AM PDT
    • Like
  2. Profile Photo Member

    There’s a certain element of racism here. Let the little brown people of Brazil sully their sandy shores with oil, so the white folks in wealthy Florida and California enclaves won’t be bothered by all that icky offshore drilling.

    • #2
    • May 11, 2011, at 2:53 AM PDT
    • Like
  3. Mel Foil Inactive
    Kenneth: There’s a certain element of racism here. Let the little brown people of Brazil sully their sandy shores with oil, so the white folks in wealthy Florida and California enclaves won’t be bothered by all that icky offshore drilling. · May 10 at 2:53pm

    In the real world, the cure for pollution is wealth. Wealthy countries don’t foul their own nest, because, they can afford the latest technology to prevent it. So, Brazil is getting the cure for pollution, and we’re busy pursuing the prerequisite for pollution–poverty.

    • #3
    • May 11, 2011, at 3:20 AM PDT
    • Like
  4. Profile Photo Member

    Republican candidates take note: this may be the number one issue to defeat Dear Leader. G A S O L I N E. we all use it…

    • #4
    • May 11, 2011, at 7:52 AM PDT
    • Like
  5. Fredösphere Member
    Dale in Annapolis: Icarus bicarus

    Barack H Obama

    plotting to fly us too

    close to the Sun.

    “Watch how we’ll soar !”, he jived

    unicornisticly

    “Feathers may fly but, hey,

    I am the One!” · May 10 at 2:52pm

    This is the best Ricochet double dactyl to date. Congratulations.

    Not sure how it ended up on this thread, though.

    • #5
    • May 11, 2011, at 9:17 AM PDT
    • Like
  6. Johnny Hammerstock Inactive

    Fredo, Thanks. I do haiku, too.

    • #6
    • May 12, 2011, at 12:16 PM PDT
    • Like