At a U.S. House Armed Services Committee meeting broadcast on CSPAN , former CIA Director Woolsey talked about the 18.5 billion dollar bid by the government-backed China National Offshore Oil Corporation (CNOOC) for the purchase of Unocal Corporation . He said this is definitely a strategic energy power move by China, and it was not for economic gain. Others are still worried about EMP. U.S. Treasury Secretary John Snow heads a committee that can block the takeover. The U.S. House of Representatives passed a measure in June by a wide margin to form the committee under Snow. U.S. national security concerns are at stake according to analysts and many conservatives.
At a meeting broadcast on , former CIA Director Woolsey talked about the 18.5 billion dollar bid by the government-backed for the purchase of . He said this is definitely a strategic energy power move by China, and it was not for economic gain. Others are still worried about EMP. heads a committee that can block the takeover. The U.S. House of Representatives passed a measure in June by a wide margin to form the committee under Snow. U.S. national security concerns are at stake according to analysts and many conservatives.
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U.S. House Armed Services Committee
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CSPAN
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China National Offshore Oil Corporation (CNOOC)
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Unocal Corporation
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U.S. Treasury Secretary John Snow