Obama underwrites offshore drilling in Brazil, but not in the US?

According to the Wall Street Journal, the Obama Administration is financing oil exploration off Brazil, while still blocking offshore drilling in the US.

Sarah Palin has written a thoughtful commentary on this situation on Facebook:
YOUR TAX DOLLARS HARD AT WORK: FIRST CARS, NOW FOREIGN OIL.

Both articles are worth reading.

It doesn't make sense to me that we should spend taxpayer money to expand Brazil's oil production while prohibiting commercial expansion of US oil production.

Perhaps some of you may have insight into the thought processes behind this paradoxical state of affairs.?

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