Quote:
Originally Posted by aceventura3
Or, American oil companies are being hindered by American politicians, causing them to miss or miss out on opportunity. If I thought what you think, I would not have a problem with honest competition leading to an honest defeat, I would just expect to do better next time.
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I'm not sure they are being hindered too much in this regard though.
It's hard going to an auction when your competitor is a millionaire who has lent you money. They may have been willing to pay whatever they needed to win. Do we know if the American companies even were in the hunt, or if the Chinese spent a crazy amount of money for this oil?