Sunday, March 20, 2011

Obama Promote Brazilian Oil Exploration

While smothering the industry at home. You figure it out.
The agreements were signed on the first day of U.S. President Barack Obama’s two-day visit to Brazil, where he met with Brazilian counterpart Dilma Rousseff and a host of local and U.S. business executives.
Following is a summary of the agreements that were signed:

ENERGY

The United States seeks to be “a strategic energy partner” to Brazil, which recently discovered major new offshore oil reserves. Obama said the United States wants to be one of Brazil’s “best customers” when the oil starts flowing.

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