“”A shell company in the US that buys up OUR oil reserves, produces it and ships to China.””
I’d like to know how they pull that off. There’s several China based companies operating in the Permian Basin and their oil and gas produced goes into the same pipelines ours does, headed to the same refineries.
China couldn’t build its own infrastructure or ships to take it directly to China?
I do not believe that all goes into refineries, but the location of oil storage facilities built along the Texas Gulf coast load ocean tankers destined for China. Same with NG liquefaction that is done outside of CC and Freeport