Saturday, November 28

Cold in China...


Reports came in from Reuters that the Chinese Government have ordered 3 state owned gas companies to stock up their Natural Gas stockpile; while they look for crude oil based gas from importers. The US could capitalize on this and create jobs by pumping about oil from our own soil. Though I am not personally for domestic oil drilling, this could be a highly profitable venture for the government and a relief to the ever growing deficit.

*Towngas of Hong Kong was not named directly, the logo only acts as a Chinese gas reference. Towngas provides 85% of the household gas in the territory.