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China Gobbles Up Oil & Gas Reserves In Canada & Gulf of Mexico

Already this year Democrats have scrapped oil and gas leases in Utah, permanently banned drilling in the Arctic National Wildlife Refuge (ANWR), and nixed offshore drilling.
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Democrats have blocked efforts to responsibly develop this nation’s energy resources, transforming vast areas of opportunity into “The No Zone.”

This year as democrats continue their attacks on American energy producers and the economy, China has been gobbling up reserves in Canada and the Gulf of Mexico.
the Institute for Energy Research reported this news, via Energy Tomorrow blog:

Not only is China investing in places like Iran, Iraq, Kazakhstan, Nigeria, Venezuela, and Argentina, but it is in the U.S.’s backyard, looking towards usurping the U.S. supply of Canadian oil sands. China is a good customer


Added: Dec-20-2009 
By: Songun
In:
Iraq, Iran, News
Tags: Democrats, corruption, stimulus, obamaconomy, miserable failure, oil reserves, Gateway Pundit
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