Aramco Waves Billions at US Natgas

[Marina Schwarz + 1,576]

Saudi Aramco eyes multi-billion-dollar U.S. gas acquisitions: CEO

Good luck beating Qatar, Australia, and the U.S. itself. To mention but just three.

[JoMack + 549]

This reminds me of China bidding against Amoco for Unocal.  The government stepped in and China was out.  Pray this happens with Aramco going after natural gas assets.  They overwhelmed their partner at the Port Arthur refinery in Texas and now have total control.  Not good for the U.S.  

[John Foote + 1,135]

Look at their track record in all their JVs and such. Just repatriation of petrodollars. And being invested in the US means they are invested in US prosperity. They thought Qatar would roll over and become a vassal state. That didn't work so well. They do need US know how to go after their gas assets, but the business/management model in Aramco is pretty incompatible with a lean and mean unconventional gas system. They'll just continue hemorrhage cash in their gas ops. If they let their management style spread deeply into purchased assets elsewhere, they'll turn money makers into money losers.