[2ndDivisionVet]

Wow, the EPA will surely delay that for years based on ... oh, wait...

[txhurl]

bttt

[Cringing Negativism Network]

Is it time to tar and feather “free traders” yet?

Just asking.

Not advocating any violence mind you. But we really need to stop playing footsie with our adversaries.

[doc1019]

And our illustrious President stymies our efforts to achieve oil independence; do I sense a pattern here?

[I see my hands]

Suckers! They missed the algae train.

[Jack Hydrazine]

China is quite determined to be the superpower of the 21st century. They just keep moving forward on that goal!

How are the Feds going to deal with these new developments?

[smokingfrog]

America borrows money (from China) to buy solar panels (made in China) so we can wean ourselves off of foreign oil. China uses the money they got from us to buy more foreign oil and build refineries.

We sure showed those Saudis, didn’t we?

[Regulator]

Luckily we have 600 years worth of oil in shale and other formations, and from countries like Canada....oh wait.

The Kenyan administration doesn't want us to use either of those alternatives.

Never mind. Just live with the economic collapse. Barack HUSSEIN wants you to.

[edpc]

If this massive refinery is anything else like the other infrastructure projects China builds, it'll under perform and be an enormous environmental/human safety hazard.

[Vinnie]

The $8.5 billion joint venture, ....

Egypt is building its largest refinery ever with investment from China. ...

China signed a $23 billion agreement with Nigeria...

The article doesn’t even mention Venezuela/China connection.

Where is China getting all that money?
Why from us !
We have sold our soul, manufacturing, IT, half our services, and even a large percentage of foodstuffs to foreign interests, primarily China.

[grey_whiskers]

Easily in range of Iran's missiles (if they're going to mine the Straits of Hormuz, they're going after other oil-related targets too).

Buy stock in oil companies, gun companies, and bicycle and motorcycle companies?

Cheers!

[ponder life]

There is some truth in this article. But not to the degree in which the dollar will somehow be circumvented. One only has to look at the purpose of the creation of the Euro. It was to challenge the US dollar and the US in general. And the US dollar did lose some steam in relative terms as the Euro gained as a reserve currency.

The rise of the yuan will do the same as well. But rather than some sudden collapse of the dollar, there will be a slow retreat as the dominant currency, to one of three major currencies in the world; the dollar, the Euro, and the yuan. This will happen, not over 5 years, but likely over the next two decades.

And while the oil is one significant commodity, it is still just one commodity.

[ponder life]

There is some truth in this article. But not to the degree in which the dollar will somehow be circumvented. One only has to look at the purpose of the creation of the Euro. It was to challenge the US dollar and the US in general. And the US dollar did lose some steam in relative terms as the Euro gained as a reserve currency.

The rise of the yuan will do the same as well. But rather than some sudden collapse of the dollar, it will be a slow retreat as the dominant currency, to one of three major currencies in the world; the dollar, the Euro, and the yuan. This will happen, not over 5 years, but likely over the next two decades.

And while oil is a significant commodity, it is still just one commodity.