Posted on 05/02/2017 1:41:33 PM PDT by huldah1776
The Saudi national oil company Aramco took full ownership Monday of the largest U.S. oil refinery in the country at Port Arthur, Texas.
Aramco and Shell founded the 50-50 joint venture called Motiva over two decades ago to build and operate the giant refinery, and had been in intense talks about dissolving the venture since last year.
The deal was completed Monday with Aramco taking full ownership of the refinery, considered the crown jewel of the Gulf Coast, through its wholly-owned subsidiary Saudi Refining.
(Excerpt) Read more at washingtonexaminer.com ...
So, what? Tomorrow they’re going to put the whole thing on a giant barge and float it off to the Sand Kingdom?
Why do we let them keep doing this ?
They only turn around and use the money to bribe our politicians and destroy us.
Seriously this is idiotic. Totally idiotic.
Seeing as how the formal title for Shell is Royal Dutch Shell, I’m guessing they don’t much care.
As long as it is in the US and employs American citizens it is ok.
Ah. I guess I better find out what companies are American. LOL
WTF?????
It’s not okay because it gives the Saudi’s influence over our domestic supply.
Now if we are going to build several more refineries, then it might not matter.
But I understand refineries have been a bottleneck in the supply chain and to give a foreign power over some of that is idiotic.
Probably Obama approved this and there is limited action Trump can do. But Trump can allow more refineries to be built.
Maybe we’ll pull a Venezuela on them.
Let’s not Forget how the House of Saud became an Oil Producing Country, they STOLE ALL THE WELLS AND PROPERTY FROM THE BRITS.
maybe we should do the same.
The Saudis took full ownership of our government long ago.
Stay out da Bushes!
(you’ll trip over the Saudis)
Well, there’s one place we are certain Sunni-Wahabbist terrorists WON’T attack.
I'm with you...why in sam hell would the government give a foreign country control of our uranium like this....urr urrr, I mean gasoline production.
Who’dah thunk it.
Revelations 17:18 “
The woman you saw is the great city that rules over the kings of the earth.
Revelations 18:1-3
“After this I saw another angel coming down from heaven. He had great authority, and the earth was illuminated by his splendor. 2 With a mighty voice he shouted:
Fallen! Fallen is Babylon the Great![a]
She has become a dwelling for demons
and a haunt for every impure spirit,
a haunt for every unclean bird,
a haunt for every unclean and detestable animal.
For all the nations have drunk
the maddening wine of her adulteries.
The kings of the earth committed adultery with her,
and the merchants of the earth grew rich from her
excessive luxuries.
Revelations 18:11-13
The merchants of the earth will weep and mourn over her because no one buys their cargoes anymorecargoes of gold, silver, precious stones and pearls; fine linen, purple, silk and scarlet cloth; every sort of citron wood, and articles of every kind made of ivory, costly wood, bronze, iron and marble; cargoes of cinnamon and spice, of incense, myrrh and frankincense, of wine and olive oil, of fine flour and wheat; cattle and sheep; horses and carriages; and human beings sold as slaves.
Note: Mecca is built on seven hills. The kings of the earth have committed adultery with her. All the items listed are currently exchanged for oil, including slaves.
Saudi Arabia has spent billions of dollars to spread Islam around the world. They have built mosques and place their own mullahs over them throughout the world.
Did you ever wonder why Charmin uses bears in their ads? The Russians are going to own our pulp and toilet paper supply...
Aramco is going public, look for an IPO next year. Then we can all own a piece.
Until Monday, Netherlands-based Royal Dutch Shell and Saudi Arabia-based Aramco co-owned
the Port Arthur refinery, which is the largest in the U.S.
As part of the separation of assets, "Motiva has the right to exclusively sell Shell-branded
gasoline and diesel in Georgia, North Carolina, South Carolina, Virginia, Maryland and
Washington, D.C., as well as the eastern half of Texas and the majority of Florida," according
to a statement from Royal Dutch Shell.
"Shell assumes sole ownership of the Norco, Louisiana refinery (where Shell operates a
chemicals plant), the Convent, Louisiana refinery, 11 distribution terminals, and Shell-branded
markets in Alabama, Mississippi, Tennessee, Louisiana, a portion of the Florida panhandle,
and the North-eastern region of the U.S."
Owner In Name Only. A refinery is too sophisticated for Muslims. Petro Engineers will be in greater demand.
Expect shortages in the future. Socialists can steal but not operate complex hardware.
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