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Why is the US Loaning Brazil BILLIONS of DOLLARS to "Explore" Off Shore Drilling for OIL !

Asked by HighShaman (3045points) December 11th, 2009

The Government has loaned Brazil $10 BILLION for offshore oil exploration.
The Department of the Interior says that Montana and North Dakota have over 4 BILLION BARRELS of recoverable oil in the Bakken Formation region PLUS the untapped reserves in Alaska and other states.
Can anyone explain WHY we are sending $$$ to Brazil for this oil “Exploration” OR How do YOU feel about your taxpayer dollars being used this way ?

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