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  Topic: President Franco says Paraguay
will begin pumping oil in mid-2013
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President Franco says Paraguay
will begin pumping oil in mid-2013

MercoPress [Montevideo, Uruguay], by Staff

Original Article

Posted By:PageTurner, 11/28/2012 12:08:05 AM

Paraguayan president Federico Franco announced on Monday that starting on 2013 the country will become an oil producing nation, after a recent discovery close to the border with Argentina. According to Franco, researchers have discovered “plenty of top quality oil” in the “Cuenca de Pirity” area, in the Chaco region, west and north of Asunción. The Paraguayan head of state assured that the country would be producing oil barrels by mid-2013. “Paraguay will not only be a world champion in the production of clean and renewable hydroelectric energy. Now it will also join the list of oil producing countries,”

Comments:
Even wretched Paraguay is determined to drill oil. Seems the renewable schtick didn´t pan out like they wanted it to. So, drilling it is. No such luck in the states with Obama.

  

Post Reply  

Reply 1 - Posted by: Grant Hodges, 11/28/2012 12:41:29 AM     (No. 9036965)

It is difficult to explain the administration´s opposition to real energy development as opposed to the "green" mail Obama favors in any way that connotes honesty or sanity.


Reply 2 - Posted by: Spidey, 11/28/2012 2:44:04 AM     (No. 9036993)

Nice to see this guy have a sense of national pride. I used to until,uh,about 4 years ago.

I guess I´m an alien,resident citizen now,living in a country I no longer recognize and it´s only going to get worse.

Even if you have the money to leave the country,the left has a taxing system to track you down overseas.


   

 

  


 
Reply 3 - Posted by: provide, 11/28/2012 6:22:34 AM     (No. 9037058)

Looks like Chinese investment again.



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