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CHINA HAS PULLED OUT OF THE $45 BILLION GAS DEAL AS THIS BLOG PREDICTED

January 5th 2010 05:15
The Chinese government has pulled put of its $45 billion natural gas deal that our fawning federal government and its minister Peter Garret took ACCOUNT OF TO HELP DESTROY A PRISTINE REEF AND SEAS north of Broome, to accomodate the shipping of such gas.

This blog predicted that they would pull out for they only wanted the contract to show the world at Copenhagen that they were going natural gas rather than coal. As it turned out the pathetic Copenhagen climate summit didn't require such information.

It should be a lesson for all our governments that China is a bullying and bluffing country of unaware bureaucrats (just like ours) that won't keep their word on any deals or agreements, and that any figures they show to impress the world how economically sound they are will be totally fabricated.


Being totally blinded by China our governments (Federal and WA) have dedicated $50 billion to the development and destruction of the pristine seas and rare and fragile coast line off northern Western Australia. Of course Woodside is running around in a blind panic claiming they can do better deals with Japan, or even Korea. They're desperate to keep their share price traveling up and the mug investor mugs believe it.
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