Brazil Oil Finds May End Reliance on Midde

libertylover · 25-04-2008, 03:23 AM

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.

mkpdavies · 25-04-2008, 08:09 AM

There is **** loads of oil still untapped, all over the world.

g hall · 25-04-2008, 02:32 PM

And shed loads of methane on Saturn's moon, Titan, all we need is a BIG pipeline

25-04-2008, 03:23 AM	#1 (permalink)
libertylover Member Join Date: Apr 2008 Location: central Arkansas, USA Posts: 110	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. __________________ “Praise the Lord and pass the ammunition”. Last edited by libertylover; 25-04-2008 at 03:30 AM. Reason: I spelled Middle wrong but I can't change the title

25-04-2008, 08:09 AM	#2 (permalink)
mkpdavies Uber Member Join Date: Sep 2004 Location: Woking Posts: 30,615	There is **** loads of oil still untapped, all over the world. __________________ http://brits4ronpaul.blogspot.com/ http://wokinglibertarians.blogspot.com/ http://lpuk.org My ignore list Labour, Blue Labour, Lib Dems

25-04-2008, 02:32 PM	#3 (permalink)
g hall Uber Member Join Date: Nov 2006 Posts: 4,573	And shed loads of methane on Saturn's moon, Titan, all we need is a BIG pipeline __________________ "That government is best which governs least." "This is a sharp Medicine, but it is a Physician for all diseases and miseries". "To be "matter of fact" about the world is to blunder into fantasy --and dull fantasy at that, as the real world is strange and wonderful."

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