That’s one of the reasons I live in Texas! You hear CNOOC, China Offshore Oil Company is bidding on the BP Texas City refinery?
>> You hear CNOOC, China Offshore Oil Company is bidding on the BP Texas City refinery?
Yep. It was just a matter of time, FRiend. As they perceive all those treasuries they own to be worth less, they are going to start cashing them in and buying hard assets in the US.
We can hold them off for a little while with political and legal maneuvering — but not forever.
Thankfully they haven’t started in on rural land — yet. When they do, Katie bar the door.