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To add another side to the discussion which is likely the source of my caution... My Uncle and Cousins own a pizza business in Washington. Recently a Chinese company bought out the shopping center that their business is in. Now they are seeing existing businesses moving out and Chinese businesses moving in. They are worried about their future when it is time to renew their lease.It is amazing how powerful those three letters can be... You know, if I am being honest, I haven't really thought too deeply about the "why" i guess I always viewed foreign ownership of U.S. businesses and property as a threat to our sovereignty and power. As their ownership of assets and debt increases so does their power and influence. I appreciate you asking me WHY. Trying to answer that question has helped me realize the many advantages that can also come from foreign investment. bear513 made a good point about empty factory buildings. There are jobs, new technologies, tax revenue etc that all get introduced into our economy from foreign investment.I see US businesses moving to other countries and I see other countries buying businesses in the US. It's a dangerous path.
Why?
To add another side to the discussion which is likely the source of my caution... My Uncle and Cousins own a pizza business in Washington. Recently a Chinese company bought out the shopping center that their business is in. Now they are seeing existing businesses moving out and Chinese businesses moving in. They are worried about their future when it is time to renew their lease.
What do you suggest we do? Outlaw the purchase of stuff from foreigners?
Outlaw the sale of stuff to foreigners?
Uranium One.
What about Hillary's corruption?
What do you suggest we do? Outlaw the purchase of stuff from foreigners?
Outlaw the sale of stuff to foreigners?
Uranium One.
What about Hillary's corruption?
OPEC
What about shutting it down for maintenance right before the start of the peak driving season?
Yes, businesses love to shut down an enormous refinery so that they can't benefit from the higher prices for the product they aren't producing.
With the sale of its interests this May, Royal Dutch Shell made Saudi Arabia the sole owner of the largest refinery of gasoline in North America.
Saudi Arabia now controls the massive Port Arthur Texas refinery and all of its assets.
Saudi Arabia now has the ability to shut down the largest source of gasoline in the US overnight if so commanded by the Royal Family.
The Saudi oil giant ARAMCO now also controls the huge network of Shell gas stations and presumably the prices set at those stations.
This is an interesting conclusion to the story of 911 with its Saudi citizen highjackers and the $3 trillion spent in our efforts to control the international oil markets by attacking Iraq and Afghanistan.
Saudi Arabia now controls the entire supply chain from the ground to the pump and can use this to economic and political advantage as they wish.
We won’t know if this power will be abused for generations but we can be sure they will never sell the Port Arthur refinery back to the Americans.
Saudi Arabia takes full control of the largest oil refinery in North America
It has more to do with the special blends of the government rules and regulations but it is a good question is Saudi trying to influence the US fracking industry more?
.
Oil is currently of little consequence, as there is a World glut and prices are stagnant.
And in other news you r high again aren't you
What about shutting it down for maintenance right before the start of the peak driving season?
Yes, businesses love to shut down an enormous refinery so that they can't benefit from the higher prices for the product they aren't producing.
What are you stupid. Gas prices are at a low, under $2.50 a gallon. A one month shutdown would result in prices hitting $3.50 or more. That's when they cash in on the shutdown.
Do you remember a company named ENRON?
It has more to do with the special blends of the government rules and regulations but it is a good question is Saudi trying to influence the US fracking industry more?
.
Saudi Arabia can't control fracking, but now they control cracking.
It has more to do with the special blends of the government rules and regulations but it is a good question is Saudi trying to influence the US fracking industry more?
.
Saudi Arabia can't control fracking, but now they control cracking.
You didn't read about the bust towns ..
They tried..
.
What about shutting it down for maintenance right before the start of the peak driving season?
Yes, businesses love to shut down an enormous refinery so that they can't benefit from the higher prices for the product they aren't producing.
What are you stupid. Gas prices are at a low, under $2.50 a gallon. A one month shutdown would result in prices hitting $3.50 or more. That's when they cash in on the shutdown.
Do you remember a company named ENRON?
What are you stupid. Gas prices are at a low, under $2.50 a gallon. A one month shutdown would result in prices hitting $3.50 or more. That's when they cash in on the shutdown.
Do you remember a company named ENRON?
I do. Do you have any questions about it?
If their refinery is not producing gasoline, how do they benefit from the higher price?
What are you stupid. Gas prices are at a low, under $2.50 a gallon. A one month shutdown would result in prices hitting $3.50 or more. That's when they cash in on the shutdown.
Do you remember a company named ENRON?
Enron has nothing to do with your argument.
What are you stupid. Gas prices are at a low, under $2.50 a gallon. A one month shutdown would result in prices hitting $3.50 or more. That's when they cash in on the shutdown.
Do you remember a company named ENRON?
I do. Do you have any questions about it?
If their refinery is not producing gasoline, how do they benefit from the higher price?
Geeeez. You must have been home schooled.
What are you stupid. Gas prices are at a low, under $2.50 a gallon. A one month shutdown would result in prices hitting $3.50 or more. That's when they cash in on the shutdown.
Do you remember a company named ENRON?
Enron has nothing to do with your argument.
Doesn't anybody read history? Enron shut down west coast energy generation until prices went up nearly several fold. Enron sold energy generated in California, back to California through Nevada, so they paid three times as much because it came from out of state.
Public school kids go to the library and read about history.If their refinery is not producing gasoline, how do they benefit from the higher price?
Geeeez. You must have been home schooled.
Home school students do tend to outperform public school students.
Based on your weak understanding of economics, your public school should be ashamed.
I bet none of you heard of Teddy Roosevelt, and his breaking up of vertical monopolies.
With the sale of its interests this May, Royal Dutch Shell made Saudi Arabia the sole owner of the largest refinery of gasoline in North America.
Saudi Arabia now controls the massive Port Arthur Texas refinery and all of its assets.
Saudi Arabia now has the ability to shut down the largest source of gasoline in the US overnight if so commanded by the Royal Family.
The Saudi oil giant ARAMCO now also controls the huge network of Shell gas stations and presumably the prices set at those stations.
This is an interesting conclusion to the story of 911 with its Saudi citizen highjackers and the $3 trillion spent in our efforts to control the international oil markets by attacking Iraq and Afghanistan.
Saudi Arabia now controls the entire supply chain from the ground to the pump and can use this to economic and political advantage as they wish.
We won’t know if this power will be abused for generations but we can be sure they will never sell the Port Arthur refinery back to the Americans.
Saudi Arabia takes full control of the largest oil refinery in North America
