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Old 25-04-2008, 03:23 AM   #1 (permalink)
libertylover
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Join Date: Apr 2008
Location: central Arkansas, USA
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Default Brazil Oil Finds May End Reliance on Midde

Middle East.

Brazil's discoveries of what may be two of the world's three biggest oil finds in the past 30 years could help end the Western Hemisphere's reliance on Middle East crude, Strategic Forecasting Inc. said.

Saudi Arabia's influence as the biggest oil exporter would wane if the fields are as big as advertised, and China and India would become dominant buyers of Persian Gulf oil.

The finds they've got so far are just the tip of the iceberg,'' Zeihan said. ``Brazil is going to change the balance of the global oil markets, and Petrobras will become a geopolitical supermajor.''

The finds they've got so far are just the tip of the iceberg,'' Zeihan said. ``Brazil is going to change the balance of the global oil markets, and Petrobras will become a geopolitical supermajor.''

Bloomberg.com: Latin America


Maybe we'll get the hell out of the Middle East and leave those folks
alone


Oh dear, now we'll go over to Brazil and destroy them too. I'll have to research and see if
M16 or CIA has installed a puppet dictator.
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Last edited by libertylover; 25-04-2008 at 03:30 AM. Reason: I spelled Middle wrong but I can't change the title
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