During his trip to South America, he told a group of Brazilian businessmen:
“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.”
As Rep. Doc Hastings (R-WA), chairman of the House Natural Resources Committee, put it:
“Rather than creating American energy and American jobs, President Obama is in Brazil advocating for deepening the United States’ reliance on foreign energy."
“The President has clearly learned nothing from recent world events. He appears to believe the answer is to shift our foreign energy dependence from one part of the world to another. The real answer is to produce more American energy. The ‘potential for a new, stable source of energy’ can be found with our own resources here at home. Resources that the Obama Administration is purposely choosing to keep under lock-and-key.”
Just so. If only Obama were as concerned about American jobs and economic growth as he apparently is about Brazil's. A cynic might begin to think that he views this as an opportunity to redistribute wealth.
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