Obama lets Chinese own U.S. energy resources

Beijing acquiring major ownership in oil, natural gas across nation

Jerome R. Corsi WorldNetDaily 1/22/2013

NEW YORK – The Obama administration is quietly allowing China to acquire major ownership interests in oil and natural gas resources across the U.S.

The decision to allow China to compete for U.S. oil and natural gas resources appears to […]

Gas fracking: Ministers approve shale gas extraction

Roger Harrabin BBC News 13 December 2012

The government has given the go-ahead for a firm to resume the controversial technique known as fracking to exploit gas in Lancashire.

The company, Cuadrilla, was stopped from fracking after two tremors near Blackpool.

Conditions have been imposed to minimise the risk of seismic activity.

In fracking, […]

Matt Damon Surprised To Learn His Anti-Fracking Film Was Funded By Foreign Oil Wealth

Mike Ciandella CNS News 12/6/2012

Actor Matt Damon was surprised to learn his new anti-natural gas fracking movie was funded in part by Mideast oil nation the United Arab Emirates (UAE). Hydraulic fracking is a technique used to get natural gas out of the ground which could help make domestic natural gas a cheaper competitor […]

Obama Closes 50 Percent of the Naval Petroleum Reserve in Alaska

Institute for Energy Research via Canada Free Press 10/24/2012

In 1923, President Warren Harding established the 23 million acre Naval Petroleum Reserve-Alaska (NPR-A) for the U.S. Navy at a time when it was converting its coal-fired ships to run on petroleum. In 1976, this Indiana-sized area was turned over to the Department of Interior and […]

Matt Damon’s Anti-Fracking Movie Financed by Oil-Rich Arab Nation

Lachlan Markay The Foundry Heritage.org 9/28/2012

A new film starring Matt Damon presents American oil and natural gas producers as money-grubbing villains purportedly poisoning rural American towns. It is therefore of particular note that it is financed in part by the royal family of the oil-rich United Arab Emirates.

The creators of Promised Land have […]

Soros trumps Exxon in battle over payments to foreign governments

Ben German The Hill 8/22/2012

A divided Securities and Exchange Commission (SEC) approved regulations Wednesday that will force oil and mining companies to disclose payments to foreign governments.

The 2-1 SEC vote for the rules caps a two-year, behind-the-scenes battle that pitted oil companies like Exxon against human-rights groups and their allies like George Soros […]