re: #246 Gus 802

China stakes claim to S. Texas oil, gas

Oh noes! The Heathen Chinee are gonna steal our oil and gas!

(Talk about dependence on foreign energy reserves!)

It is also rumored that the Chinese are also taking a very close look at Powder River Basin coal reserves. It’s generally a lot cleaner burning than theirs. This whole bit about “Obama wants to kill coal production in the US” is BS. Foreign markets beckon.