The Chinese are not going around the world begging. The Chinese are developing. The Chinese are trying to control their own destiny, and PetroChina is now the leading company in terms of producing oil. Petrobras in Brazil is another example. Brazil is developing its resources very aggressively. That is what I referred to when the President went there a year ago and applauded them and encouraged them with giving them U.S. resources to do it in terms of loan guarantees, and the President absolutely promised we would be a great customer. The Brazilians are not traveling the world begging. The Brazilians are controlling their own destiny. The Brazilians are responsibly developing their own resources, and our President even applauds that while refusing to do the same in this country. Madam President, I ask unanimous consent to have the press report printed in the Record. The PRESIDING OFFICER. Without objection, it is so ordered. There being no objection, the material was ordered to be printed in the Record, as follows: [From the Washington Times, Jan. 19, 2012] China Gets Jump on U.S. for Brazil's Oil--Two Export Pacts a Coup for Beijing (By Kelly Hearn) Buenos Aires.--Off the coast of Rio de Janeiro--below a mile of water and two miles of shifting rock, sand and salt-- is an ultradeep sea of oil that could turn Brazil into the world's fourth-largest oil producer, behind Russia, Saudi Arabia and the United States.…
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