Of course it is. He will sell the oil leases to china and we will not get the benefit of it. He will say... well china will not have to buy as much oil on the market so there is the benefit. Same thing when clinton took our oil reserves and sold them to European oil companies and left america nothing.
That’s what I was thinking too because he ALWAYS has an angle to screw us over. ALLOW drilling then TAX the operation by having the Feds confiscate the rig.