TV News LIES

Friday, Jan 30th

Last update10:32:28 PM GMT

You are here News Energy Newly discovered oil reserves to benefit all Brazilians

Newly discovered oil reserves to benefit all Brazilians

E-mail Print PDF

Brazilian President Luiz Inacio Lula da Silva said Thursday that the recently discovered pre-salt layer oil fields are a national asset, which will benefit all the Brazilians.

"Brazil is not to be a mega exporter of crude oil," said the president, "instead, we want to build a strong oil industry in Brazil to add value to our oil and export the byproducts."

"We should not forget that everyone in Brazil is to be benefited ...I want to invest a part of the pre-salt layer oil fields' revenue in education," Lula said.

According to Brazil's constitution, the oil reserves belong to the whole nation.

TVNL Comment: You never heard an American speak this way. That is real patriotism, not the fake patriotism that exists here!

More... 


Most Recent Related Stories...


Energy Crash — 97% of Fracking Now Operating at a Loss at Current Oil Prices

Fracking at a lossIf the Saudis wanted to crush America's shale oil industry they are certainly doing a good...

Oil prices plummet as OPEC decides against output cut

Oil prices plummetCrude prices collapsed Thursday after the powerful oil collective OPEC said it wouldn't intervene in global...

Oil hits five and a half year low under $55 on supply glut

Oil hits five year lowOil prices slumped to new 5-1/2-year lows on Monday on worries about a surplus of global...

One dead in Gulf of Mexico rig accident

Oil rig explosionThere is no pollution associated with an explosion on a drilling platform about 12 miles off...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!