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Jim Inhofe

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Four Republicans Raise Concerns With China Deal

A group of four Republican senators on Friday sent a letter to Treasury Secretary Timothy Geithner expressing concern about Chinese energy giant's Cnooc Ltd's $15.1 billion deal to buy Nexen Inc. , adding their voice to critics of the transaction. Sens. John Cornyn, John Hoeven, Richard Shelby and Jim Inhofe said they were concerned that foreign national interest are mixed with profit motivation in the transaction. The deal is subject to review by the U.S. government because Calgary, Canada-based Nexen has substantial drilling operations in the U.S. portion of the Gulf of Mexico. The letter notes that "ownership and operation of U.S. business operations by foreign governments via their corporate proxies becomes particularly concerning when critical natural resources such as oil and natural gas are involved." Inhofe, a senior member of the Senate Armed Services Committee, first expressed his concerns to MarketWatch last month. The Republicans joins two prominent Democrats, Sen. Charles ...

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  1. Battle Over Gitmo Continues

    Sen . Jim Inhofe , (R-Okla.), on the need to continue use of the Guantanamo Bay detention camp.

  2. Week Ahead: January Job Numbers and Earnings

    The January unemployment rate, set to be released next Friday, is expected to inch up to 9.5% from 9.4% in December, according to economists.Auto makers and retailer...

  3. Does Gulf Oil Spill Kill Drilling?

    Sen . Jim Inhofe , (R-Okla), on whether the push for oil independence will come to a screeching halt after the massive oil spill.

  4. Sen. Inhofe on Tanker Fight

    Sen. James Inhofe, (R-OK.), weighs in on Northrop dropping out of a military tanker bid.

  5. Bad Science Costing Economy Big Bucks

    Sen . Jim Inhofe , (R-Okla.), on why the administration’s climate-change policy has cost the economy heavily this winter.

  6. Green With Desperation

    TheGreenSkeptic.com's Scott Edward Anderson on the UN Climate Change Panel and "Email-Gate."

  7. Dems Trying to Gag the EPA?

    Sen . Jim Inhofe , (R-OK), on reports of the White House attempting to suppress reports on global warming.

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