Trump Lands $84 Billion Chinese Fracking Contract For West Virginia

Posted: November 10, 2017 in Uncategorized

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China Energy Investment Corporation Limited has signed an agreement with the West Virginia Dept. of Commerce on an $83.7 billion plan to invest in shale gas development and chemical manufacturing projects in West Virginia. The Memorandum of Understanding was signed Thursday in Beijing, witnessed by President Donald Trump and Chinese President Xi Jinping.

ThereAreNoSunglasses

[Does this relieve Trump of all the promises he made to put West Virginia coal-miners back to work?]

FRACTRACKER, GAS/OIL producing area marked in orange/yellow.

China Energy to invest $83.7 billion in West Virginia

BEIJING, China (WSAZ) — China Energy Investment Corporation Limited has signed an agreement with the West Virginia Dept. of Commerce on an $83.7 billion plan to invest in shale gas development and chemical manufacturing projects in West Virginia.

The Memoradum of Understanding was signed Thursday in Beijing, witnessed by President Donald Trump and Chinese President Xi Jinping.

West Virginia Secretary of Commerce H. Wood Thrasher and China Energy President Ling Wen signed the MOU.

“This is a great day for the state of West Virginia,” Gov. Jim Justice said. “I’ve been saying for the last couple months that the tides are turning in West Virginia and this is proof. Today is another sign as we…

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Comments
  1. Turning the tables on us and exporting their pollution and importing our resources.

  2. I suspect, JoAnn, that’s there absolutely no regulation on fracking operations on West Virginia. And soon they will be dealing with the exactly same cancer clusters and other problems as we do here in Taranaki.

  3. Alan Scott says:

    May they frack themselves to Hell!

    • The thing that needs to happen is that West Virginians need to organize to stop them. We know enough about the health problems related to this technology I’m sure activists from other states will be willing to help them.

  4. I honest think that’s another myth perpetuated by the oil/gas industry, Alan. Fracking is an incredibly expensive technology. Solar and wind energy are far cheaper and easier to set up and with the rapid advance of battery technology, a combination of solar, wind, mini-hydro and wave generation can easily provide a base load 24/7.

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