Remember the Alamo—whatever that means
The Lone Star State, known for its shining stars and deep heart and the Alamo, is making some cold hard cash these days. Remember the Alamo? A Chinese investment firm is shelling out
$1.3 billion in former American presidents to buy up some more Texas oil production.
Yantai Xinchao will acquire oil assets in the western Texas Permian Basin that are currently owned by Tall City Exploration and Plymouth Petroleum. The deal is part of a larger transaction between Yantai Xinchao and a second Chinese firm, according to a stock exchange filing on Saturday.
The purchase, which includes oil fields in the state's Howard and Borden counties, has already been approved by the U.S. Committee on Foreign Investment, the filing said.
The prairie sky is wide and high,
Deep in the heart of Texas.
The Permian Basin, one of the oldest oil fields in the U.S., has enjoyed a revival as shale gas exploration and other drilling technology has improved.
This is nothing new, mind you. China has been
increasing its investments for a while now—and a big part of this is because of how well we ran up our
country's debt. Foreign investment can create jobs but in Texas and China's case, it seems to create some
super shady business and health issues for people who aren't white.
Former Texas Gov. Rick Perry traveled to Beijing in September 2014 and met with a pair of controversial Chinese politician-entrepreneurs behind a massive methanol plant in Texas City, a document obtained in a public information request shows.
You remember Governor Rick Perry?
Remember three years ago?
“Thirty-five thousand children are aborted per day in China. That country is destined for the ash heap of history unless it changes its values,” Perry said.
The important thing to understand here is that Texas is our most patriotic state. It is the state with the biggest and strongest bootstraps. You do not bring that commie shit into Texas. Get out of my country. Send back
illegal babies! My grandpapi did it this way and yada yada yada.
The coyotes wail - along the trail
Deep in the heart of texas
The doggies bawl - and bawl and bawl
Deep in the heart of texas