The USA is, and has been, exporting crude oil to China
It seems there is something about the American oil industry they aren’t telling US other than oil is our biggest export product and we are a net exporter of oil shipping more to foreign nations than we receive. Whoda thunk it is exactly what it seems to be. We are selling US oil on the world market! We are selling more than we buy! Now about Canada ’s “threat” to build a pipeline from Keystone XL. Guess what, not only has Canada oil been being shipped to China , so has US crude! China's CNOOC buying Canadian oil sands producer China's CNOOC announces deal to buy Canadian oil sands producer OPTI for $2.1 billion AP – Wed, Jul 20, 2011 3:30 AM EDT http://finance.yahoo.com/news/Chinas-CNOOC-buying-Canadian-apf-4141200374.html China’s CNOOC eying U.S. shale projects Is it things like this the reason oil is our leading export? http://blog.newsok.com/energy/2012/03/06/chinas-cnooc-eying-u-s-shale-projects/ Cnooc strikes U.S. oil Note , China has been buying our oil since 2005 at least. http://www.thedeal.com/magazine/ID/038268/2011/cnooc-strikes-us-oil.php I didn’t realize China was already buying North American oil, did you? I don’t understand why we sell oil to a country that is on the other side of the world while we buy oil from the Middle East . Wouldn’t it be win-win. It doesn’t make sense to ship oil half way around the world so we can import oil from countries lie Libya , Syria and Saudi Arabia . Even the Greenies should be happy with less oil being shipped on the open seas. China’s Footprint in U.S. Oil: A State-by-State List http://blogs.wsj.com/deals/2012/03/06/chinas-footprint-in-us-oil-a-state-by-state-list/ Now, imagine my surprise when I found this in my send box Breaking: Obama’s EPA does NOT stop drilling in oil in Texas . Re: [mail2Rich] Christine O’Donnell’s Issues On 10/18/2010 02:45 AM, Rich Martin wrote: Q. Has the USG sold mineral rights to the land it "owns" to the chinese, as has been rumored? This little story might interest you.... "Melinda L Secor" [email protected] http://www.mysanantonio.com/news/local_news/Chinese_investment_will_boost_South_Texas_drilling_104754124.html New Question. Can we afford another 2 yrs of collusion between the prez and the socialist he appointed to head up our regulatory agencies? For more info, Google canadapipe line oil field “If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves.” Winston S. Churchill -- To join RichsRants, send email to: [email protected] For more options, visit this group at http://groups.google.com/group/richsrants?hl=en
