[familyop]

None of the content behind the following may be posted at Free Republic (copyright), so here’s the title and link only.

China Seeks Venezuelan Oil After Exxon, Conoco Quit (Update2)
http://www.bloomberg.com/apps/news?pid=20601086&sid=a.xDMUZTWEeI&refer=news

[quant5]

“None of the content behind the following may be posted at Free Republic (copyright), so here’s the title and link only.

China Seeks Venezuelan Oil After Exxon, Conoco Quit (Update2)
http://www.bloomberg.com/apps/news?pid=20601086&sid=a.xDMUZTWEeI&refer=news";

Cause and effect. The US market sells out for hard fast corporate profits to the Chinese, now the Chinese become our direct competitor paying almost nothing in real terms for these assets Conoco & Exxon built. The investment community at the top has become fat, lazy, complacent group of sellouts and is being outperformed by the Chinese. Nice work boneheads. Don’t worry, some of us business people still do long-term forecasting and can be good Americans at the same time.