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Thanks to Barack Obama and Democrats, the Canadian government is finalizing a $15.1 billion oil deal with China.
The Keystone Pipeline project was expected to create tens of thousands of high paying jobs in the oil industry.
The project itself would create 20,000 construction jobs. And the pipeline would bring oil from Canada and North Dakota to refineries in the United States.
Obama rejected the plan.
Now China and Canada are finalizing a $15.1 billion oil deal.
When President Barack Obama blocked the Keystone Pipeline, Republicans said the move would encourage Canada to pursue oil deals with China instead of the United States and cede a massive chunk of North American oil assets to the communist nation.
Now, with China’s state-run oil company CNOOC poised to cut a $15.1 billion deal–the largest ever foreign acquisition for a Chinese company–with Canadian oil company Nexen, Sen. Charles Schumer (D-NY) and Rep. Nancy Pelosi (D-CA) are in full backpedal mode.
In a draft letter to the Committee on Foreign Investment in the United States (CFIUS), Sen. Schumer writes:
I respectfully urge you, in your capacity as chairman of the Committee on Foreign Investment in the United States (CFIUS), to withhold approval of this transaction to ensure U.S. companies reciprocal treatment.
Similarly, Rep. Pelosi is now sounding alarms of concern. In a statement, Pelosi spokesperson Drew Hamill said:
This deal prompts great concern about the Chinese government’s continued attempts to use its state-owned enterprises to acquire global energy resources.
Once again, thanks to Democrats, America is getting the shaft.
But at least they kept their donors happy.
More… Chuck Schumer, who voted against Keystone, told Saudi Arabia to up its production.
If they could only see past their self righteous, nose!
We don't need no stinking oil..we're going green. That is as soon as we can find a company that won't declare bankruptcy after we give them half a billion dollars.
TransCanda (TRP), the company that wants to build the pipeline, says Keystone would create 20,000 "direct" jobs. That includes 13,000 construction jobs and 7,000 jobs making stuff like pump houses and the pipe itself.
It also projects nearly 120,000 "indirect" jobs -- think restaurant workers and hotel employees to support the construction.
Think North Dakota and it's oil industry with 3% unemployment.
Thanks to Barack Obama and Democrats, the Canadian government is finalizing a $15.1 billion oil deal with China.
The Keystone Pipeline project was expected to create tens of thousands of high paying jobs in the oil industry.
The project itself would create 20,000 construction jobs. And the pipeline would bring oil from Canada and North Dakota to refineries in the United States.
Obama rejected the plan.
Now China and Canada are finalizing a $15.1 billion oil deal.
When President Barack Obama blocked the Keystone Pipeline, Republicans said the move would encourage Canada to pursue oil deals with China instead of the United States and cede a massive chunk of North American oil assets to the communist nation.
Now, with China’s state-run oil company CNOOC poised to cut a $15.1 billion deal–the largest ever foreign acquisition for a Chinese company–with Canadian oil company Nexen, Sen. Charles Schumer (D-NY) and Rep. Nancy Pelosi (D-CA) are in full backpedal mode.
In a draft letter to the Committee on Foreign Investment in the United States (CFIUS), Sen. Schumer writes:
I respectfully urge you, in your capacity as chairman of the Committee on Foreign Investment in the United States (CFIUS), to withhold approval of this transaction to ensure U.S. companies reciprocal treatment.
Similarly, Rep. Pelosi is now sounding alarms of concern. In a statement, Pelosi spokesperson Drew Hamill said:
This deal prompts great concern about the Chinese government’s continued attempts to use its state-owned enterprises to acquire global energy resources.
Once again, thanks to Democrats, America is getting the shaft.
But at least they kept their donors happy.
More… Chuck Schumer, who voted against Keystone, told Saudi Arabia to up its production.
What does the Chinese-Canadian deal have to do with the pipeline, and how are we getting the shaft if Canada makes a deal with China? It's pretty lame to suggest we should buy all Canadian oil so the Chinese can't buy it.
We don't need no stinking oil..we're going green. That is as soon as we can find a company that won't declare bankruptcy after we give them half a billion dollars.
Have we run out of wealthy Obama donor/bundlers yet?
Thanks to Barack Obama and Democrats, the Canadian government is finalizing a $15.1 billion oil deal with China.
The Keystone Pipeline project was expected to create tens of thousands of high paying jobs in the oil industry.
The project itself would create 20,000 construction jobs. And the pipeline would bring oil from Canada and North Dakota to refineries in the United States.
Obama rejected the plan.
Now China and Canada are finalizing a $15.1 billion oil deal.
When President Barack Obama blocked the Keystone Pipeline, Republicans said the move would encourage Canada to pursue oil deals with China instead of the United States and cede a massive chunk of North American oil assets to the communist nation.
Now, with China’s state-run oil company CNOOC poised to cut a $15.1 billion deal–the largest ever foreign acquisition for a Chinese company–with Canadian oil company Nexen, Sen. Charles Schumer (D-NY) and Rep. Nancy Pelosi (D-CA) are in full backpedal mode.
In a draft letter to the Committee on Foreign Investment in the United States (CFIUS), Sen. Schumer writes:
I respectfully urge you, in your capacity as chairman of the Committee on Foreign Investment in the United States (CFIUS), to withhold approval of this transaction to ensure U.S. companies reciprocal treatment.
Similarly, Rep. Pelosi is now sounding alarms of concern. In a statement, Pelosi spokesperson Drew Hamill said:
This deal prompts great concern about the Chinese government’s continued attempts to use its state-owned enterprises to acquire global energy resources.
Once again, thanks to Democrats, America is getting the shaft.
But at least they kept their donors happy.
More… Chuck Schumer, who voted against Keystone, told Saudi Arabia to up its production.
What does the Chinese-Canadian deal have to do with the pipeline, and how are we getting the shaft if Canada makes a deal with China? It's pretty lame to suggest we should buy all Canadian oil so the Chinese can't buy it.
It means that instead of chanelling the fuel through a pipeline that ends in North Dakota where it would be refined here and shipped abroad, it means they've BYPASSED the U.S.A. entirely, done the deal on their own (China - Canada) and cut us out of the 15 billion dollar deal. Instead of the U.S.A. sharing in the profits and construction money, it goes all to Canada. They'll pump, channel it through Canada, refine it there, and ship it to China.
Excellent memory!!! You repeated almost word-for-word what Rachel Maddow and Chris Mattews said on one of their daily liberal propaganda shows a couple of months ago....
lol, I knew I'd heard that somewhere before.
And yes, I do occasionally watch that joke of a network. Know your enemy. Otherwise, giggling at them isn't credible.
Can I ask a simple question, what does China's bid to buy a Canadian oil company have to do with the Keystone pipeline or anything else for that matter? The comparison is oranges and hand grenades.
A takeover of Nexen by China National Offshore Oil Corporation, the Chinese state-run oil giant known as Cnooc (pronounced SEE-nook), would give China a number of footholds in the Gulf of Mexico, the Canadian oil sands in Alberta, the North Sea and the waters off Nigeria.
So, what will be the argument if China were to buy TransCanada the Canadian half of the Keystone pipeline consortium? Would it then be Obama's fault because he "allowed" China to buyout an Canadian oil firm???
If this is NO BIG DEAL, then why are Nancy Pelosi and Chuck Schumer suddenly GROVELLING for the Canadians to rethink this deal?
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