PDA

View Full Version : U.S. Falling Behind China in the African Oil War...!


Ben Franklin
October 13th 2005, 11:07 PM
I suppose America will have to depend on it's own oil resources at this rate...

Or go to war with China...! :no:

The Eagle, The Dragon, and African Oil (http://www.atimes.com/atimes/China_Business/GJ12Cb01.html)

US-African energy relations
The US currently derives 15% of its oil supplies from Africa as compared to 22% from the Persian Gulf. Within the next ten years, the US could be depending on Africa for a quarter of its oil supplies according to the US National Intelligence Council. Nigeria alone is the fifth biggest source of US oil imports with the United States accounting for half of Nigeria's oil exports. Washington has also re-established its historically important diplomatic and energy relations with Libya, following the removal of economic sanctions in September 2003 after Libya abandoned its nuclear weapons program.

Sino-African energy relations
China currently derives a quarter of its oil imports from Africa, with oil interests in Algeria, Angola, Chad and Sudan and increasing stakes in Equatorial Guinea, Gabon, and Nigeria. China's energy interests in Chad are of particular interest, given that Chad still maintains diplomatic relations with Taiwan.

CatholicSage
October 14th 2005, 12:04 AM
I suppose America will have to depend on it's own oil resources at this rate...

Or go to war with China...! :no:

The Eagle, The Dragon, and African Oil (http://www.atimes.com/atimes/China_Business/GJ12Cb01.html)

US-African energy relations
The US currently derives 15% of its oil supplies from Africa as compared to 22% from the Persian Gulf. Within the next ten years, the US could be depending on Africa for a quarter of its oil supplies according to the US National Intelligence Council. Nigeria alone is the fifth biggest source of US oil imports with the United States accounting for half of Nigeria's oil exports. Washington has also re-established its historically important diplomatic and energy relations with Libya, following the removal of economic sanctions in September 2003 after Libya abandoned its nuclear weapons program.

Sino-African energy relations
China currently derives a quarter of its oil imports from Africa, with oil interests in Algeria, Angola, Chad and Sudan and increasing stakes in Equatorial Guinea, Gabon, and Nigeria. China's energy interests in Chad are of particular interest, given that Chad still maintains diplomatic relations with Taiwan.

We'll probably do the first option you suggested: more use of our own resources, and maybe an attempt to improve relations with nearby Venezuela if that is even possible.

Ryokan
October 14th 2005, 12:22 AM
Ultimately, As long as enough countries agree to sell oil to us, it doesn't matter who or where. We can keep China from buying oil, period, and shouldn't want to. A healthy, growing, reforming CHina is good for China and its good for the SU. Don't be so adversarial, Ben.

Ben Franklin
October 15th 2005, 07:20 PM
Ultimately, As long as enough countries agree to sell oil to us, it doesn't matter who or where. We can keep China from buying oil, period, and shouldn't want to. A healthy, growing, reforming CHina is good for China and its good for the SU. Don't be so adversarial, Ben.

Sorry to sound adversarial, Ryokan. Currently, I think the U.S. is stubborn about most of it's policies, which doesn't leave much room for cooperating with China. I'm glad that you caught that tone, and I hope it wakes people up to what you just said: that America should negotiate with China about sharing energy resources. As I mentioned in another thread, I feel a good way to accomplish this is to develop nuclear energy, to avoid the coming scarcity of oil resources which the world relies upon. Sound logical...?