“China Petrochemical Corp., the nation’s second-largest energy company, will pay $1.02 billion to buy 50 percent of Chesapeake Energy Corp. (CHK)’s Mississippi Lime assets, seeking to benefit from surging U.S. crude output.” fuelfix.com, 2-25-13 More…  (If anyone had any illusion of shale fuel being about “energy independence,” maybe this will burst that dangerous bubble.)