Sunday, July 17, 2005

Chinese Thirst for Oil Comes to America

This is another issue that I am a little late on but there is a bidding war for Unocal and my "knee jerk" response is that we cannot allow China to obtain this or any energy companies.CBS 5: Chinese Company And Chevron Face Off For Unocal
(CBS 5) A former CIA director is warning that a Chinese oil company's attempt to take over Unocal poses a threat to national security, and those fears could help Bay Area-based Chevron win the bidding war.

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