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Archives China learns quickly from US!; It’s no secret at all that Americans prefer to make purchases of crude oil and other energy resources and ...

 
 
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Old 12-06-07, 08:18 AM   #1 (permalink)
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China learns quickly from US!

It’s no secret at all that Americans prefer to make purchases of crude oil and other energy resources and keep their own vast reserves of energy resources untouched. Actually that makes sense! The fact is that such policy is lasting for quite a long time and in future Americans will be able to act as the energy monopolist in international market.
Now China is on the same path. They are now trying to fix business with Central Asia countries to import energy supply instead of exploiting its own fields in Tklamakan desert or some other recently uncovered oil deposits. As I get it Chinese hope that at some moment in future they will pump all oil and gas from the fields in Central Asia. Then they will turn to their own ones in China and stay as monopolist in extraction and export of energy supply! I guess the oil barrel will coast hell of money for EU then! That’s really a challenge for the EU!
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