The Middle-Eastern takeover of American assets has long had many worried that the corrupt region will soon yield far too much power over the American economy, and this week Saudi Arabia secured another major coup.
Energy independence has long been a major national security point for many across ideologies in Washington, but this week we’ve taken a step back — not forward — toward that goal.
Not content with owning just foreign energy, Saudi Arabia is now taking over energy development here in the United States. With the news that Royal Dutch Shell and Saudi Aramco are splitting up, the country’s largest refinery, the Port Arthur refinery, will now be owned by the Saudis.
Unfortunately, the acquisition goes far beyond Port Arthur, as many refineries across the country are also being snatched up as well. See more info on the next page:
Allan Hunt Sr; l was stationed at the Long Beach Naval Station when l was in the Navy. That facility is now a Chinese owned ship repair/drydock. Do NOT think that the government can’t transfer our posessions to another country.
we need to pump our own oil bet they have already dug into ours!!!
Saudis will do anything to raise the price of oil and our politicians will aid them.
You know they did
Same here ! Sad to see !
That is so wrong
They did it to the British in lybia, why not the rest of the middle east. Get rid of obama and we have 500 years of oil here and clean coal and natural gas along hand in hand with solar and wind. We don’t need them if politics was removed
By the way, why so suprised America corporations are selling off, it’s called greed. With the money they are making,but hey could live anywhere, wake up