Lawmakers Alarmed by China's Bid for Unocal

The takeover bid by China's third largest oil company for Unocal is evidence of the country's voracious appetite for energy. The $18.5 billion offer is likely to spark a bidding war with Chevron. Some U.S. lawmakers are outraged at the thought of a Chinese company taking over a U.S. oil and gas firm.

Related NPR Stories

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: