US Politicians voice fears over Alaska pipelines, Gulf payouts and risk of Kremlin influence!

[KoKo]

American hostility grows over BP's deal with Russian state oil company

Politicians voice fears over Alaska pipelines, Gulf payouts and risk of Kremlin influence on major
Britain's leading oil company, BP, is facing hostility and suspicion from the US over an alliance with the Russian state oil firm Rosneft that opens up vast areas of untapped wilderness off the coast of Siberia and beneath the Arctic shelf.

-snip-

"There are various different levels where this deserves some analysis and some scrutiny," said Michael Burgess, a Republican congressman who sits on the House energy and commerce committee. "BP is one of the biggest suppliers to our military. Are there national security implications to this deal?"

Burgess pointed out that BP runs sensitive trans-Alaskan oil pipelines and that the group's BP America subsidiary is regulated as a US company. Comparing the deal to the blocked purchase by Dubai Ports World of P&O's US ports in 2006, he called for an inquiry by the US government's committee on foreign investment, which is chaired by treasury secretary Timothy Geithner and has a mandate to scrutinise potentially threatening financial incursions into the US. His remarks followed comments by a Democratic congressman, Ed Markey, who suggested BP now stood for "Bolshoi Petroleum" and claimed that the Rosneft tie-up could complicate the collection of compensation for the fishing industry hit by the Deepwater spill.

MUCH MORE at:

http://www.guardian.co.uk/business/2011/jan/16/american-hostility-bp-deal-russia

[SpiralHawk]

1. "All your massive oil profits should belong to us." - RepubliCronies

[htuttle]

2. OMG! It's Putin's Giant Head looming over Alaska!

It's coming into our airspace!

[KoKo]

3. Kick for those who missed.....