Treasury Secretary John Snow and others in Washington have been eager to boost American exports, but the proposed sale of the El Segundo, Calif.-based oil firm Unocal Corp. to China’s state-owned CNOOC Ltd. isn’t quite what they had in mind.
Treasury Secretary John Snow and others in Washington have been eager to boost American exports, but the proposed sale of the El Segundo, Calif.-based oil firm Unocal Corp. to China’s state-owned CNOOC Ltd. isn’t quite what they had in mind.