Obama's Missed Opportunity: Keystone Pipeline - China readies to move in

Is this what President Obama means by Global Economy....buying Canadian oil from China and screwing American companies and American workers?

When President Barack Obama blocked the Keystone Pipeline, Republicans said the move would encourage Canada to pursue oil deals with China instead of the United States and cede a massive chunk of North American oil assets to the communist nation.

Now, with China's state-run oil company CNOOC poised to cut a $15.1 billion deal--the largest ever foreign acquisition for a Chinese company--with Canadian oil company Nexen, Sen. Charles Schumer (D-NY) and Rep. Nancy Pelosi (D-CA) are in full backpedal mode.

Read the rest of the story HERE.

Please check us out on Facebook and If you like what you see, please "Like" us. You can find us here.