Protests against new oil and gas pipeline construction are becoming more or less part of everyday life in the U.S. and Canada. Keystone XL, Dakota Access, Enbridge’s Line 5, Energy East, you name it. There seem to be dozens of new pipelines in the works, and almost all are the target of protests by environmentalists, Native American tribes and First Nations.
After the demise of the Keystone XL project, the Dakota Access pipeline seems to have garnered the most attention, with mass protests from Native American tribes and their supporters earlier this month succeeding in getting the project shelved – a move by the White House that energy industry insiders warned could set a dangerous precedent for other infrastructure projects, affecting the economic development of the country. Continue reading
You can’t just be making all these bad decisions, one after the other, accidentally; but rather by design. It’s clear by now that the oil and gas industries (nor oil independence) are not a priority as Obama’s financial and political backers (i.e. Soros, Solyndra et al) within the green movement instead need to be rewarded for their loyalty during the 2008 and upcoming 2012 presidential election. You might even be shocked to know that the only oil businesses making large headway are backed by George Soros, drilling and exploring in Brazil — and only for Brazil’s benefit.
BUENOS AIRES — Off the coast of Rio de Janeiro — below a mile of water and two miles of shifting rock, sand and salt — is an ultradeep sea of oil that could turn Brazil into the world’s fourth-largest oil producer, behind Russia, Saudi Arabia and the United States.
The country’s state-controlled oil company, Petrobras, expects to pump 4.9 million barrels a day from the country’s oil fields by 2020, with 40 percent of that coming from the seabed. One and a half million barrels will be bound for export markets.
The United States wants it, but China is getting it.
Less than a month after President Obama visited Brazil in March to make a pitch for oil, Brazilian President Dilma Rousseff was off to Beijing to sign oil contracts with two huge state-owned Chinese companies.
Continue reading article: China gets jump on U.S. for Brazil’s oil (Washington Times)
See also: Obama’s Keystone Denial Prompts Canada to Look to China Sales (Bloomberg)
See also: Up Next… Obama’s New Energy Regulations Will Put 32 Coal Plants Out of Business (Gateway Pundit)