Brazil to take third place?

with 3 comments

Brazil oil field could be huge find

By Alan Clendenning, AP Business Writer

SAO PAULO, Brazil – A deep-water exploration area could contain as much as 33 billion barrels of oil, an amount that would nearly triple Brazil’s reserves and make the offshore bloc the world’s third-largest known oil reserve, a top energy official said Monday.

National Petroleum Agency President Haroldo Lima cautioned that his information on the field off the coast of Rio de Janeiro is unofficial and needs to be confirmed — but his comments sent shares of state-run oil company Petrobras soaring in New York and Sao Paulo.

(full AP article)


looks like India isn’t wasting any time.


Written by mudshark

April 15, 2008 at 1:51 am

Posted in gov_corup, politics, realpolitik

Tagged with , , ,

3 Responses

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  1. When do we attack???


    April 15, 2008 at 11:18 pm

  2. hahaha… I wouldn’t doubt that someone in the pentagon doesn’t have plans for it already, once they’ve all decided that what’s under Iraq has been kept underground long enough and who’s getting their cut of it. that is, if we don’t go bankrupt before Brazil confirms what they have.


    April 16, 2008 at 2:54 am

  3. when do we attack ?…. as soon as the checks clear from the weapons the US sold them.


    April 16, 2008 at 4:33 pm

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