It has been stated that all data - this includes SkyDrive or GoogleDrive files - is available for government agencies if a warrant is issued.
In the case of being outside the US, it has been stated that the warrant is not necessary, and any communications or data between US and non US citizens is also fair game.
There is also speculation that the NSA is legally allowed access to any data transfers going through peering points out of the US, and that internal US traffic can be diverted specifically to allow this to occur.
SkyDrive in particular is very likely to be sharing this information as any link placed into a document in SkyDrive is visited by Microsoft, and any pornography or other 'invalid' content is deleted from SkyDrive. This implies Microsoft must keep records of all files you store there and the likely content of those files, and that 'metadata' appears to be freely available for law enforcement in the USA through the PRISM and similar programs.
EDIT: In addition, it is believed that the NSA pays Microsoft for access to Skype communications, and one would assume that they would also pay for access to SkyDrive data.