Despite President Obama’s moratorium on U.S. deepwater drilling in the Gulf of Mexico, the U.S. Export-Import Bank intends to guarantee $1 billion in loans to PEMEX, the Mexican state oil company, to bolster the company’s oil drilling in the region.
Tuesday, September 14, 2010
Obama bans American oil drilling in Gulf, backs $1 billion loan to help Mexico drill in Gulf.
There is not much more to say about this so I'll just provide a link to IHTM.
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Yes, I think he did the same thing with Venezuela. I seem to recall that it helped George Soros' company to drill off Venezuela or something to that effect.
It's clear that the Democrats/Liberals are at war with the American public ... and we'll do as they say, capisce?
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