Tuesday, August 30, 2011

Unholy alliance

Exxon made a deal with Rosneft (America's and Russia's #1 oil companies) to drill in the Russian region of the arctic with one platform.  Putin (who really is a nobody but actually is a Russian mob-boss.  Sort of like if Al Capone was alive today running a puppet-president's doings).  Obviously, if either Don King or Putin is involved, I don't like it.

Deal is that Exxon builds the platform and does all the work and Rosneft gets 66% of the spoils, plus gets stock options with Exxon's southern drilling in the Gulf of Mexico.  Sounds like crap to me.  Obama high-five'd it. 

Does anybody else see a problem with this?  Think it out.

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