every CNOOC and cranny

CNOOC dropped their bid for Unocal today. Congress made it too damn expensive for them. Basically, in order to purchase the company, they would have had to go through a four month review of the economic impact, etc. Professional estimates figered it would have been 6-9 months before they could legal purchase the company, during which CNOOC would be paying Unocal's stockholders money to hold the deal...

*happy dance* from me.