That really makes me feel good. We’ve hammered all the formerly major American oil companies into the ground, so now we need to ask the Chinese to develop our oil and gas resources.
And, yes, by the way, all the American “big oil” companies are now midgets by comparison with these foreign companies. No more big oil. Aren’t our hippies happy? No, because they still dream of crushing what’s left of big oil. And every Dem politician still runs on that platform.
Those companies are still there, they just aren't here. They've moved to places where the climate to do business is actually friendly, They aren't likely to spend the kind of money to go after these shale resources because of the uncertainty being fostered by the Obamalamadingdong Administration. The drilling ban in the Gulf was the last straw for many.
Everybody be sure to wave bye-bye as the rigs pull out, heading for Brazil and the west coast of Africa......'cause they ain't coming back anytime soon.....