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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Aggie who wrote (102130)6/5/2008 7:25:33 AM
From: elmatador  Respond to of 206113
 
Lula gave high positions in regulatory bodies to some idiots. That doesn't mean they will make the policies.

The idiots that Lula gave high positions (same like the one who said the reserves are 33 billion) because he needed support from their party.

ANAC Civil Aviation (like US FAA) was a disaster
ANP another disaster
ANEEL a disater for at least 5 years
The lady from the environment ministry

What can we do? We're no Russia neither China... We play the democratic game.

People who tell to rule by decree are the same people who compmalin when their interests are affect by decrees.agani is a free country peope can say whatevr they want.



To: Aggie who wrote (102130)6/5/2008 10:34:22 AM
From: elmatador  Respond to of 206113
 
any shift would apply only to future contracts, Mines and Energy Minister Edison Lobao said last April.
reuters.com

We need $240bn and we are going to antagonize the market?

"We have no concerns with the foreign partners, we only want them to follow the existing rules. If they discover more oil, we will be only happy," Lobao said during a news conference at Petrobras.

They want to change the frame work after 30 years developing technology to find oil deep and deeper and now that the technology matures the new comers have a easy ride?

Now it is pay back time. While the others were taking the easy oil, Brazil was taking the harder ones.

Now we rake in the cash...