Friday, April 15, 2011

Intentional Weakening of US Financial Power Through Energy

EIN News says, "Russian Stakeholders Ask That BP-Rosneft Arctic Deal Be Done Via Joint Venture TNK-BP A group of Russian billionaire shareholders in oil company TNK-BP said Friday they want BP's pending Arctic exploration deal with Rosneft to be conducted through the Russian-British joint venture. The demand contradicts earlier reports that the Russians wanted to sell their stake in TNK-BP. (washingtonpost.com)".


The Russians and Brits are working with BP to extract oil from the Arctic, while we sit on our hands.

Obama and Salazar want our gasoline prices to increase, which is happening, in order that solar and wind can compete with oil on the US market. They accomplish this by denying oil drilling permits in the US.

Subsidizing inefficiency seems like a wonderful way to redistribute world wealth to the disadvantage of the average US citizen.

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