When foreign oil companies want to cripple the U.S. economy, they need only increase the price of diesel, mainly beacause the shpping industry is totally dependant upon diesel.
Not exact matches
«At a time
when oil companies are making profits of hundreds of millions of dollars a day, we hope they will welcome a bill which would ensure fair competition with Chinese and other
foreign oil companies,» said Global Witness Policy Adviser Sasha Lezhnev.
Some
foreign investors may also steer clear of U.S. investments fearing a political backlash, as happened
when a Chinese energy
company tried to buy the
oil company Unocal Corp. (The Chinese bid was withdrawn.)