Alarm bells are sounding in Washington over PetroChina’s $1.9-billion investment in Alberta projects

Shawn McCarthy

Ottawa
Globe and Mail Update
Last updated on Wednesday, Sep. 02, 2009 09:08AM EDT


PetroChina Co. Ltd.’s (PTR-N110.321.171.07%)

$1.9-billion investment in the oil sands is raising alarms in
Washington, with the head of a congressionally-appointed China watchdog
saying the company is clearly a vehicle of Beijing’s Communist
government.

Too bad.  If we were such good friends they wouldn’t be shaking us down for passports and copy the contents of or PDA’s and Laptops.

They’ve been taking advantage of our generosity for too long and getting our discounted resources for too long.  Time for the ungrateful Uncle to get in line.

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About Anarchenisis

Mildly competitive… maybe a small bit head strong… sometimes has an opinion… and occasionally has a requirement to be right (currently averaging 99.9% of the time). But my high level of sensitivity and empathy makes up for any of my minor faults :-)
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