It was reported today that China has purchased a large oil company in Canada and will begin buying the oil that was destined for the Keystone pipeline.
The Chinese must sit back and laugh at how stupid we are to let this opportunity slip between our fingers. We only have the Obama administration to thank for this idiotic mistake as they killed the pipeline deal many months ago to please the green movement on the left. This decision by our president has cost at least 100,000 jobs which we badly needed and has contributed to the rise of the price of gasoline in our country. We too, share some of the blame for electing a president with no practical business experience and with a socialist agenda. We still have time to rectify this grave mistake in November by voting him out of office and putting our country back on track to prosperity.