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View Full Version : Treason? Obama Lets Chinese Own U.S. Energy Resources......... V



Ponce
23rd January 2013, 10:46 AM
As you all know China is now taking a lot of our timber and also planning many mini cities for Chinise people and a lot more.......someone will have to feed us, give us light, clean our water, stop us from having so many wars? and so on, will China be our salvation? or destruction?, the end of America as we know it?

And once again........ "Learn Spanish and Chinese and buy water stocks"... Ponce

Billions of gallons of oil found in Australia...it will be a race between England, China and the US to see who will get it first.
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NEW YORK – The Obama administration is quietly allowing China to acquire major ownership interests in oil and natural gas resources across the U.S.

The decision to allow China to compete for U.S. oil and natural gas resources appears to stem from a need to keep Beijing economically interested in lending to the U.S.

The Obama administration has run $1-trillion-plus annual federal budget deficits since taking office that likely will continue in the second term.

Allowing China to have equity interests in U.S. energy production is a reversal of the Bush administration’s policy.

In 2005, the Bush administration blocked China on grounds of national security from an $18.4 billion deal to purchase California-based Unocal Corp.

As WND reported Monday, Beijing has been developing a proposal in which real estate on American soil owned by China would be set up as “development zones” to establish Chinese-owned businesses and bring in its citizens to the U.S. to work.

China leased first oil rights in Texas

China’s first major move into the U.S. oil and natural gas market can be traced to October 2009, when the state-owned Chinese energy giant CNOOC bought a multi-million dollar stake in 600,000 acres of South Texas oil and gas fields.

Jerome Corsi exposes the globalists’ plan to put America on the chopping block in “America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty,” available at WND’s Superstore.

Reporting the story, Monica Hatcher of the Houston Chronicle suggested China was “testing the political waters for further energy expansion into U.S. energy reserves.”

China’s purchase of U.S. oil and natural gas rights will strike millions of Americans as paradoxical, since the U.S. continues to be a net importer of approximately 60 percent of the oil consumed in the U.S.

The Chronicle reported China paid $2.2 billion for a one-third stake in Chesapeake Energy assets, with CNOCC laying a claim to a share of energy resources in South Texas that could produce up to half a million barrels of oil per day.

http://theintelhub.com/2013/01/22/treason-obama-lets-chinese-own-u-s-energy-resources/ (more at link)

JDRock
23rd January 2013, 11:55 AM
put an end to ignorance : read "confessions of an economic hitman" by perkins.

madfranks
23rd January 2013, 12:06 PM
put an end to ignorance : read "confessions of an economic hitman" by perkins.

+1. This book is a must read. Also listen to his interview on Coast to Coast a few years back:


http://www.youtube.com/watch?v=PbeJZ8Q-_as