Thanks Barack!… China Poised to Cut $15.1 Billion Oil Deal With Canada (Congress, Pelosi)

[jt800]

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.

Breitbart reported:

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.

[unicane]

Its OK, the Chinese are going to sell us the solar panels we outsourced to them

[jt800]

This must obviously be part of Obama's "All Of The Above" energy plan......

.....as long as "all of the above" doesn't include oil pipelines, oil drilling for the next 30 years, natural gas, or nuclear.

And he has the GUTS to even mention American Energy Independence?

We COULD have gotten oil from Canada, a good neighbor and ally. But now we're reduced to more begging from the Arabs instead!!

[trlhiker]

So many lies in your post, where to begin? Tens of thousands of jobs is a total bald faced lie. it would have only created a few thousand temporary jobs and a few hundred permanent. That oil would have gonne on the global market anyway and even the experts have said that we wouldn't have seen much of it. So quit relying on the horribly biased Breitbart and start doing your own research.

[lifelongMOgal]

Originally Posted by jt800

This must obviously be part of Obama's "All Of The Above" energy plan......

.....as long as "all of the above" doesn't include oil pipelines, oil drilling for the next 30 years, natural gas, or nuclear.

And he has the GUTS to even mention American Energy Independence?

We COULD have gotten oil from Canada, a good neighbor and ally. But now we're reduced to more begging from the Arabs instead!!

The sooner people accept that Obama and the far left Progressives in Congress (regardless of D/R after their name) are intentionally undermining the economic health and opportunities in order to "fundamentally change" this country; the less frustrating it will be.

This country cannot be taken by a military or coup of force. The only way to take it is to crush the people's ability to earn, their life savings, and all future economic opportunities via Capitalism. Recognize it, understand these people for the evil they represent, and give them a memorable kick in the arse out of office in 99 days.

[plwhit]

Originally Posted by trlhiker

So many lies in your post, where to begin? Tens of thousands of jobs is a total bald faced lie. it would have only created a few thousand temporary jobs and a few hundred permanent. That oil would have gonne on the global market anyway and even the experts have said that we wouldn't have seen much of it. So quit relying on the horribly biased Breitbart and start doing your own research.

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....

[jt800]

Originally Posted by trlhiker

So many lies in your post, where to begin? Tens of thousands of jobs is a total bald faced lie. it would have only created a few thousand temporary jobs and a few hundred permanent.

CNN Money (a rather liberal network) says:

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.

[MUTGR]

Originally Posted by lifelongMOgal

The sooner people accept that Obama and the far left Progressives in Congress (regardless of D/R after their name) are intentionally undermining the economic health and opportunities in order to "fundamentally change" this country; the less frustrating it will be.

This country cannot be taken by a military or coup of force. The only way to take it is to crush the people's ability to earn, their life savings, and all future economic opportunities via Capitalism. Recognize it, understand these people for the evil they represent, and give them a memorable kick in the arse out of office in 99 days.

Hit the nail on the head.

[OICU812]

Originally Posted by jt800

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.

Breitbart reported:

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.

And to think, we only needed Obama to authorize the small section of pipeline that crossed our border, the rest of the pipeline was on private land.

[jt800]

Originally Posted by trlhiker

Tens of thousands of jobs is a total bald faced lie. it would have only created a few thousand temporary jobs and a few hundred permanent.

Of course, being a Obamtron, you probably fell for Nancy Pelosi promising that passing Obamacare would create 400,000 job immediately.

Where are they?

And you probably thought Obama's stimulus would produce thousands and thousands of "shovel ready" jobs...you know, the ones Obama joked weren't so shovel ready afterall?

Oh, and weren't those shovel ready jobs (if they ever existed) in construction of infrastructure? Those would ALSO be temporary.