Tuesday, October 12, 2010

China buying into Texas oil

There are lots of ideas out there for stimulating the economy and most of them are not workable because of a lack of money or political backing.
One Idea that may just succeed is at work in South Texas.
State-owned Chinese energy giant CNOOC is sinking $billions into oil and gas rights in order to tap into potential revenue and a storehouse of knowledge concerning the latest extraction techniques.
Unlike their failed attempt to buy UNOCAL, this attempt will likely succeed because of our need for growth and jobs as well as our White House full of traitorous jackals willing to sell us out to any Socialist or Communist. 

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