U.S. Loan to Brazilian Oil Company Riles Conservatives in Favor of Offshore Drilling

President Obama has opposed any expanded oil drilling off American shores largely on environmental grounds, turning a deaf ear to conservative cries of "Drill, Baby, Drill." But now Obama may start hearing cries of "foul" after the U.S. Export-Import Bank promised Petrobras, Brazil's state-owned oil company, billion in loan guarantees to help finance lucrative drilling off the shores of Rio De Janeiro. Some see a contradiction in an executive branch agency, independent but with board members

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