Kerry described as "obsessed" with climate bill that is likely to have a favorable impact on his own energy investments

Last year, in his ongoing struggle to remain relevant, Senator John Kerry (D-Mass) took the legislative reins on the contentious issue of climate change. Now Kerry, against the backdrop of an oil-soaked Gulf, is hoping to ride the current crisis to push his American Power Act to the top of the Democrats' legislative agenda and propel himself back into the national spotlight.

Tuesday's White House meeting with key administration officials and senators presents Kerry with his best chance to convince the Democratic leadership that his APA will end U.S. dependence on foreign oil while simultaneously encouraging economic growth and job creation.

Kerry has campaigned unusually hard for the bill, berating Senate colleagues on both sides of the aisle, often cornering and lecturing them on the imminent perils of climate change and the necessity of his bill. "He's so obsessed," one beleaguered Democratic senator told Politico. "Clearly it's all climate, all the time with him." A former Senate Democratic aide was asked if he knew the source of Kerry's persistence. "He's not the centrist who normally does the kinds of deals like this," the aide responded. "It's unclear why he's emerged as a central player on climate other than his interest in the subject."

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According to Senator Kerry's statements for the last fiscal year, as of December 31, 2009, he and his wife owned large stakes in numerous prominent energy companies, many of which are currently lobbying Congress for legislation aimed at energy reform and stand the most to gain from passage of the APA. Yeatman and Lott singled out GE, BP, ConocoPhillips, Dupont, and Exelon as among the big winners in the APA scheme. GE in particular has been a staunch advocate of the APA. Surprisingly, or not, Kerry holds about $20 million worth of investments in all of these companies, among a slew of other energy sector giants.

For example, Senator Kerry reported owning up to $750,000 in GE; BP shares valued between $350,000 and $750,000; upwards of $350,000 in Petrobras (the state-owned Brazilian oil powerhouse); $100,000 in Suncor Energy; $500,000 in Rio Tinto; $650,000 in ConocoPhillips; $750,000 in Total (an offshore oil, natural gas, and alternative energy company); $500,000 each in Dresser-Rand Group and Consol Energy; and as much as $1,000,000 each in Ultra Petroleum Corp, Chicago Bridge and Iron, Newfield Exploration Inc., Noble Energy Inc., Roper Industries, Smith International Inc., Thermo Fisher Scientific, Ansys Inc., and Praxair Inc.

From these investments Kerry accrued anywhere from $753,000 to roughly $5 million in unearned income from dividends and capital gains in the last year alone. In one instance, Senator Kerry sold his stake in Apache Corp. for a nifty dividend of up to $1 million. Kerry was not available for comment on this story.

Such investments among lawmakers are all too common. The Washington Post recently reported that almost across the board, congressmen hold a disproportionately high amount of assets in those industries they directly regulate or craft legislation for. For example, those on the House Agriculture Committee held larger than average holdings in agriculture. Key members of the Senate Banking, Housing, and Urban Affairs Committee, the House Homeland Security Committee, and the House Energy and Commerce Committee held above average holdings in the industries under their jurisdiction.

Tammy Bruce: George Soros heavily invested in Brazil, stands to profit from BP oil spill and opposition to deep-water drilling

Perhaps this is why drilling in Alaska is off the table–it would actually keep America safe and strong and won’t make Obama Boss George Soros even richer than he is now.

Interestingly, it seems the more trouble we have, the better it is for Soros. Last year, Soros noted he was “having a very good crisis” having bet against the United States and profiting from her economic downturn.

Now we learn Soros is set to be one of the biggest beneficiaries of the Gulf oil catastrophe. With Obama’s ‘moratorium’ and the Obama Admin’s general hostility to drilling, it’s reported many oil companies have already looked into with Brazil regarding a move those shores. And what is Soros principally invested in right now? Petrobras, the Brazilian state oil company.

Reuters is reporting that Brazil stands to benefit from the BP oil spill catastrophe as the US moratorium makes more rigs available for other countries.

Even as an ecological catastrophe makes the future of U.S. offshore drilling less certain, Brazil is plowing ahead with a $220 billion five-year plan to tap oil fields even deeper than BP’s ill-fated Gulf well, which is still leaking crude.

It’s estimated that thirty five rigs are now sitting idle in the Gulf of Mexico. Brazil is already getting inquiries from companies wanting to move their rigs there. Brazil’s state oil company, Petrobras already produces about a fourth of the world’s deep water oil…

The shortage of rigs could help Brazil become a major oil exporter.

What an amazing stroke of good fortune for Obama’s boss, unrepentant Nazi collaborator, George Soros! Soros is also invested in offshore oil drilling in Brazil, assisted by the American taxpayers.

Soros Fund Management, LLC holds a stake in Petrobras of approximately $900 million as of December 31, 2009.

George Soros’ principal investments are in oil; one in particular is Petrobras, the Brazilian-owned company. This happens to be the largest investment in the Soros portfolio at the present time.

Soros also owns quite a lot of real estate in Brazil.