In August 2009, Obama announced he was giving $2 billion in U.S. tax dollars to state-owned oil company Petroleo Brasileiro SA of [[Brazil]] for offshore oil drilling. At the same time, George Soros increased his stake $811 million in the same oil company. According to Bloomberg Press, 22 percent of the $3.68 billion of stocks and American depositary receipts held by Soros Fund Management LLC. <ref>[http://www.digitaljournal.com/article/277955 Obama commits to off-shore drilling, Digital Journal, August 20, 2009]</ref> | In August 2009, Obama announced he was giving $2 billion in U.S. tax dollars to state-owned oil company Petroleo Brasileiro SA of [[Brazil]] for offshore oil drilling. At the same time, George Soros increased his stake $811 million in the same oil company. According to Bloomberg Press, 22 percent of the $3.68 billion of stocks and American depositary receipts held by Soros Fund Management LLC. <ref>[http://www.digitaljournal.com/article/277955 Obama commits to off-shore drilling, Digital Journal, August 20, 2009]</ref> |