Let’s Make A Multi-Billion Dollar Oil Deal

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Even with the prospect of a takeover bid of $18.5 billion from a Chinese state-controlled oil company..

Shareholders of oil and gas company Unocal Corp. will vote Aug. 10 on a proposed merger with Chevron Corp. valued at approximately $16.6 billion..

Associated Press: Unocal to vote on Chevron merger proposal

Hey, what’s $1.9 billion among friends? Is it worth it to ‘keep it in the family’ so-to-speak? Washington seems dumbfounded as to what to think about it.