So when is Robertson going to urge a hit on Chinese oil corporations?

[NVMojo]

He must of known something ...the jerk that he is!

Venezuela opens fields to Chinese oil corporation
Friday, August 26

Venezuela and China signed a "preliminary agreement" for a joint company to drill for light and heavy crude in eastern Venezuela, reported the government owned Petroleos de Venezuela, or PDVSA.

Beijing and Caracas also signed an agreement to quantify and certify oil reserves in an area of the Orinoco Strip, in southeast Venezuela.

The deals were closed in Beijing by the minister in charge of China's State Development and Reform Commission, Ma Kai, and Venezuelan Energy Minister Rafael Ramirez, who also heads PDVSA.

The mixed company formed by PDVSA and China National Petroleum Corporation, or CNPC, will drill in oilfields in the area of Zumano, site of an estimated 400 million barrels of light and heavy crude oil and 4 trillion cubic feet (some 113 billion cubic meters) of gas, according to Venezuelan data.

more...

http://www.mercopress.com/Detalle.asp?NUM=6324

[DanCa]

1. Actually I am waitting for someone to put a hit on Robertson

Where are our loonies when you need them :) JK.

[MeatLoafZero]

2. That would help

bring the price down, that's for sure. Who do these Chinese think they are, with their industrial expansion? Us?