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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Bearcatbob who wrote (146970)	3/26/2011 4:33:45 AM
From: elmatador	2 Recommendations Read Replies (1) of 206098

US need a PBR kind of entity. Government must have more power to manage the economic actors. Energy being a major issue, is a prime target. Obama visit to Brazil pulled the carpet under the feet of US oil imbroglio. Where they want cheap energy without drilling. Clean energy without cracking. Clean air without burning. His message defending oil in foreign country was a great political coup. Message was: there is an example of government managing effectively the energy policies and the US is the customer. He must have gone to bed laughing about his constituencies at home.~ And PBR is allowed to dril in GoM: Brazil's state-run energy giant Petroleo Brasileiro S.A. (PBR - Analyst Report), or Petrobras S.A., has got the green light for the use of a floating production storage and offloading (“FPSO”) vessel in the Gulf of Mexico (“GoM”) to extract oil and gas from its deepwater Chinook-Cascade project How can government tell public opinion to put up and shut up?It is impossible to do this in a democratic society of the US flavor. For starters a government leader in the US has this free market shibboleth to adhere to as if it were true. To solve that the US has to create a oil and gas national champion like PBR to act as the arm to execute oil and gas policies. In one hand the executive is powerless to direct energy policy? They have to contend with environmentalists weirdoes. The Florida University wants to gorge in money to research the effects of the oil. And populaces users of fuel supports that when they should be rebelling. Government has its hand stied. In China there is a major issue every hour. If they did not have a Politburo as the executive arm of the governing elite that thing would not be feasible. The US needs less populist democracy and more economic activity.

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