Monday, March 5, 2012

China Foothold in U.S. Energy

 Here is an interesting article about China's financial involvement in the United States' oil and gas assets. This results in a tradeoff that at least temporally benefits both sides; The U.S. receives investment money for EOR techniques to extract hard-to-tap reserves, and China gains access to the cutting edge EOR techniques from America. I wonder what the implications of said relationship will be in 5, 10, 15 years....

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