It turns out, according to an AP report, that the members of Congress pushing hardest to slow or scuttle CNOOC Ltd.’s attempt to buy California-based Unocal also received significant and timely campaign contributions from Chevron. Some of my letter writers would clearly say that is what is necessary when one fights a state-owned business. Sometimes the government is needed to “level the playing field.” Bah! What it really means is we’ll never know how Unocal’s board would have decided without these looming threats from the US gummint. HOUSTON (AP) — Three leaders in the congressional campaign to discourage Chinese oil … Continue reading Not So Free After All