Red Oil Scare

Posted by Eric P. Metze On July 13, 2005 ADD COMMENTS

China has made an unsolicited offer to acquire one of the largest United States-based oil company, which would essentially double its oil and gas output (2). The organization that is making the offer, the Chinese National Offshore Oil Company, is a state-run organization of the Chinese government. Because of the cultural differences between the capitalist  [ Read More ]