Monday, April 4, 2011

American Natural Gas Owned By Chinese Government?


First, for the record in case it is not obvious, I am opposed to FRACKING, believe the use of it to increase extraction at a (un)Natural Gas Well destroys pristine lands, will destroy our potable water supplies, and over time cost lives.  I am also pragmatic, and know too many people have already sold their souls to the Landman for the promise of future wealth.  We have politicians at every level of government trying to sell us on Natural Gas as the answer to getting us off foreign oil...OK...lets say this might be true.  That we could drill our way out of our dependence on foreign oil.

That argument begins to fail if you start looking at how much in bed with the Chinese Government America's second largest Natural Gas player (Chesapeake Energy) is...sure they will deny this, but the multi BILLIONS of dollars in deals with Chinese Government owned CNOOC suggests otherwise.  Why is over government willing to let Chesapeake bastardize our lands, threaten our environment, our drinking water supplies and our health to extract (un)Natural Gas that will be SHIPPED TO CHINA?

Furthermore, does one need to ask the question, is Chesapeake Energy a traitor to the American people, and should Americans find out where the gas is going to go before they give up their way of life for a few pieces of Judas Silver?