[chessplayer]

I will never understand why it's not illegal to sell US land to other countries.

[staytrue]

I think the US expanded by the Louisiana purchase, buying Alaska, and the Gadsden purchase in Arizona.

Goose, Gander I guess.

[ltc8k6]

Statoil is one of the companies who started moving oil by rail to get around Obama.

http://www.greencarcongress.com/2012/08/statoilbakken-20120830.html

[Milton Miteybad]

The author of the article has a very meager understanding of the type of interest Statoil acquired, obviously. They acquired and became the operator on leases totaling some 70,000 acres. Statoil did not purchase this acreage in fee, as incorrectly stated in the article. Rather, they acquired an interest in the oil and gas leases covering said 70,000 acres.

This is merely more proof (as if any more were actually necessary) that reporters are universally ignorant, and in most cases, just plain stupid.

[MichaelCorleone]

Don’t know much about the energy business, but if the hydrocarbons under that land are so valuable, why didn’t Exxon or Phillips 66 or Bill Gates or Warren Buffett buy it first?

This smells of the beginings of the handing over America to the UN.

[SeminoleCounty]

Statoil is the govt run petroleum corporation in Norway...and are the largest fuel seller in Scandinavia. They have money up the yazoo and need to spend it

[LifeComesFirst]

Why should it be illegal? Isn’t it good that the land is being put to good use?

[GeronL]

Why are we allowing foreign governments to do this crap??

67% of Statoil shares are owned by the Norway government

[Digger]

I will never understand why it's not illegal to sell US land to other countries.

Then one won't understand that America is not really a soverign nation anymore. Find out who really owns our so-called sovereign nation. Find out why these pukes are putting more land into government ownership. Find out that when we default that this land is the collateral for China & others. Find out that we are a totally sold out piece of land.

[Justa]

It’s because political contributions from foreign corporations are not subject to the same regulations and reporting requirements as US corporations. Example: British Petroleum.