Article

2009-11-04 Economy

China To Drill For Oil In Gulf Of Mexico

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Posted by Anonymoose 2009-11-04 12:21|| || Front Page|| [11130 views ] Top

#1 "If we don't drill, the Chinese will."

Posted by charger 2009-11-04 12:55|| 2009-11-04 12:55|| Front Page Top

#2 Our country is almost gone.

Posted by armyguy 2009-11-04 13:22|| 2009-11-04 13:22|| Front Page Top

#3 While our environmental geniuses in Congress are fiddling around with B.S. They have just about given the store away.

Posted by JohnQC 2009-11-04 14:31|| 2009-11-04 14:31|| Front Page Top

#4 Geebus! I have to conclude that the pandemic of insanity is gripping the USA.

Posted by twobyfour 2009-11-04 15:06|| 2009-11-04 15:06|| Front Page Top

#5 They have just about given the store away.

Of course they have. We don't deserve to be wealthier than others.

Posted by lotp 2009-11-04 16:35|| 2009-11-04 16:35|| Front Page Top

#6 Maybe the Chinese can get permits to drill in California, ANWR and Florida too. At least someone would benefit from all that oil.

Posted by Iblis 2009-11-04 19:12|| 2009-11-04 19:12|| Front Page Top

#7 This is beyond unbelievable. Does any environtwit here think the chicoms will be more careful than US firms? It's our resources in our backyard and we are letting them steal them becasue the US government is run by a trans-national, coward. OMG! We are sooooo screwed!

Posted by NoMoreBS">NoMoreBS 2009-11-04 19:56|| 2009-11-04 19:56|| Front Page Top

#8 WORLD NEWS > THE CRUDE TRUTH ABOUT WORLD OIL RESERVES.

ARTIC > "OVERFLOWING IN OIL" = Earth is good for likely the whole of the 21st century. Today's "DIFFICULT OIL" will becom TOMORROW'S "CHEAP OIL" DUE TO CONTIN ADVANCES IN CHEAP + MORE ADVANCED OIL EXTRACTION TECHS.

Posted by JosephMendiola">JosephMendiola 2009-11-04 20:04|| na]">[na] 2009-11-04 20:04|| Front Page Top

#9 I wouldn't get too worked up about this. It's just a business deal. They're providing capital for a minority (non-operating) interest in some relatively risky prospects. CNOOC is about as capitalist as any western company when it comes to things like this. And China has plenty of dollars they need to do something with.

Posted by Glenmore 2009-11-04 20:10|| 2009-11-04 20:10|| Front Page Top

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