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<blockquote data-quote="Allen" data-source="post: 343284" data-attributes="member: 389">I will be the first to state that I would NOT be OK with Sinopec or Rosneft or Gazprom being allowed to explore for natural resources in the U.S.&nbsp;&nbsp; I think that's quite different than either U.S. owned independents, or large publicly held firms exploring for oil and gas in this country.&nbsp; Note, Sinopec, Rosneft and Gazprom are all owned by the Chinese and Russian governments, respectively.&nbsp; The same is not true of BP, Shell, or many of the other international companies that explore for oil and gas worldwide.- - - Updated - - -p.s.&nbsp; What I have always said, and continue to believe, is that we could have done a much better job of permitting during the booms to moderate the boom and bust cycles.&nbsp; There was no reason we needed to drill 2,000 oil wells a year in ND back in the beginning of the last boom.&nbsp; That was insane and came at great cost to the people of ND.</blockquote>

[QUOTE="Allen, post: 343284, member: 389"] I will be the first to state that I would NOT be OK with Sinopec or Rosneft or Gazprom being allowed to explore for natural resources in the U.S. I think that's quite different than either U.S. owned independents, or large publicly held firms exploring for oil and gas in this country. Note, Sinopec, Rosneft and Gazprom are all owned by the Chinese and Russian governments, respectively. The same is not true of BP, Shell, or many of the other international companies that explore for oil and gas worldwide. [COLOR=silver][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] p.s. What I have always said, and continue to believe, is that we could have done a much better job of permitting during the booms to moderate the boom and bust cycles. There was no reason we needed to drill 2,000 oil wells a year in ND back in the beginning of the last boom. That was insane and came at great cost to the people of ND. [/QUOTE]

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