Every country needs a few basic ingredients in order to achieve healthy, sustained economic growth.

Reliable sources of energy. A modern, efficient infrastructure, consisting of a good road and rail system, reliable power grids and high-speed digital communications networks.

And if a country wants to be considered a “global economic powerhouse,” it’s nearly impossible for it to do so without these critical building blocks.

So it’s not too surprising that China is spending unprecedented amounts of money to beef up its infrastructure.

It’s also spending huge amounts of money on long-term oil and gas contracts. And with nearly $2 trillion on hand, it’s the perfect time for China to go on an energy acquisition spree.

Right now, it’s spending like a thirsty sailor on shore leave…

You see, despite the recent pullback in the Chinese stock market, the country is still on an economic roll that will continue for the next 50 years.

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China’s Energy Acquisition: Three Ways To Invest In China

by David Fessler, Advisory Panelist

Every country needs a few basic ingredients in order to achieve healthy, sustained economic growth.

Reliable sources of energy. A modern, efficient infrastructure, consisting of a good road and rail system, reliable power grids and high-speed digital communications networks.

And if a country wants to be considered a “global economic powerhouse,” it’s nearly impossible for it to do so without these critical building blocks.

So it’s not too surprising that China is spending unprecedented amounts of money to beef up its infrastructure.

It’s also spending huge amounts of money on long-term oil and gas contracts. And with nearly $2 trillion on hand, it’s the perfect time for China to go on an energy acquisition spree.

Right now, it’s spending like a thirsty sailor on shore leave…

You see, despite the recent

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Sep. 3, 2009 (Business Wire) — Cobra Oil & Gas Company (NASD OTC BB: CGCA) (hereafter “Cobra”) is pleased to offer an overview of PetroChina’s acquisition of a majority stake in two oil sands projects in northern Alberta for US$1.7bn. The two projects are known as Mackay River and Dover which are currently being developed by Athabasca Oil Sands with projected production at full capacity reaching 300,000 – 500,000 barrels a day. The first phase of Mackay River is due to come on stream in 2014.

“PetroChina’s interest in the oil sands parallels Cobra’s awareness of the high potential in the oil sands in North America”, stated Max Pozzoni, Cobra’s President. “The Utah Oil Sands prospect holds gigantic potential, with Utah representing the largest measured oil sands concentration in America”.

Cobra is currently finalizing the purchase of 40% contract interest on 23 Federal Leases covering 33,632 acres within the P.R.

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German unemployment falls!  RBA disappoints the markets…  China to buy Canadian company…  ISM to print positive? And Now… Today’s Pfennig! Good day… And a Terrific Tuesday to you! And Welcome to September! Well… Here’s a thought to get our engines started this morning… Bill Bonner of the Daily Reckoning ( www.dailyreckoning.com )had this to add to my ranting about our National Debt going to over $20 Trillion in the next 10 years, due to deficit spending…

“The Obama administration, for example, expects to run $9 trillion in deficits over the next 10 years – and that number is based on a recovery! Imagine what will happen if the economy doesn’t recover?”

Now, that’s a nice comforting thought to start our day right? NOT! WAKE UP! Morning has broken, and the coffee is on… If you are still of the thought that this is all going to end up seashells and

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