CHINA INCREASES OIL PRODUCTION TO MEET FUTURE NEEDS. Posted on June 29, 2009 at 11:05:12 AM by Gasoline Joe
today 85% of our energy is petro, by 2030 80% will be petro. so even with heavey investments in alternatives and renewables, we will still have to either import petro or develop some more of our own. Do you know how much oil we import from Algeria and Angola? Rent my movie and learn. Anyways, in 1985 Alaska was producing 2 mbd
( million barrels a day ) now it is down to 700.000 and will fall to 550,000 by 2020. So when the Chinese Giant SINOPEC buys ADDAX, an experienced Canadian oil exploration company,
you would think it would make the news. But what do journalist know about energy and oil information?
Drill baby drill of sell Alaska to the Chinese to reduce our debt and our debt interest payments. Then we can buy oil from the Chinese as they develope Alaska. Obama said, " we must stop borrowing from the Chinese and stop giving it to the Saudis." Yet thats just what he's doing. And I voted for him because my party told me to. I can't think for myself. Increase oil production, Mr President. The extra stability ten years from now will be a blessing. Ask the Chinese who you are borrowing $ from. Thank you for reading this and educating yourself about energy.
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