Global Energy War Looms in

[Tom Yossarian Joad]

http://english.donga.com/srv/service.php3?bicode=060000&biid=2004030851648

As China consumes more and more oil, a silent energy war has broken out on a full scale. China’s thirst for oil is now to the point that a direct pipeline between China and Saudi Arabia, the world’s largest, simply won’t quench it.

The U.S. and Japan, the number 1 and number 2 energy consumers of the world respectively, are on alert as the more oil China wants, the less they can take. This shortage would hurt their economies.


Large energy consumers have begun to woo producers in order to gain an upper hand in the competition. Oil market watchers opined, “The energy issue will become an important aspect of national security.”


Energy War Triggered by China—


China, which exported oil as late as 1992, has become a net importer starting in 1993. Currently, it is the second largest oil consumer of the world. China is the world’s second largest by imported volume and the third largest by consumption growth rate. China’s growth rate in oil consumption is six times as large as the international average.

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[54anickel]

1. I thought China was getting a pipeline from Russia, looks like that

might be out :shrug:

Late last year when China and Russia entered into a preliminary agreement to build a pipeline linking oilfields in Angarsk, near Lake Baikal in Siberia, to Daqing, Heilongjiang province, Japan attempted to reverse that decision by promising to foot the bills of $5 billion in construction costs for the pipeline and $10 billion in exploration costs. Russia has yet to announce its final decision, but it is increasingly likely to route the pipeline to Nahotka, Japan.

[dbt]

2. Another piece of the puzzle clicks in!

Wanna bet that the Regime has been watching this since well before the Supposed Election of 2000?

:freak:
dbt

[Tom Yossarian Joad]

3. Oil... The Bush Family Business. You bet they've been watching.

With the PNAC crowd rooting all the way.