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going to control this industry and that is okay? >>guest: china has been using cash loans to state owned oil companies to guarantee oil delivery so they are subsidizing the production of oil in state-owned oil companies to make sure necessity get what they need. the u.s. oil companies get the limited tax breaks but keep in mind u.s. oil companies pay somewhere between 35 percent and 38 percent of their net income in taxes each year and you did not see that in petrochina but china is making sure their economy will grow regardless of what it takes while we have a president and an administration who is holding back domestic resource production. it is okay to support wind, solar and biofuels but it will not driver energy for decades. what about the present? >>neil: do you think the president was aware of the timing of the remarks this morning on the same day he is bashing big oil, that our

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