stu
News Editor
Joined: Oct 04, 2004
Posts: 2500
Location: Ye Olde Englande
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 Posted: Tue Oct 11, 2005 6:27 pm Post subject: US and China compete for influence in Africa. |
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The eagle, the dragon and African oil
| Quote: | With oil prices hitting record levels of US$70 per barrel in recent weeks, major energy consuming countries are engaging in an increasingly heated competition for energy resources on the world stage. Nowhere is this more evident than between the United States and China, the world's first and second largest energy-consuming countries respectively. In the contest for energy resources, numerous "stages" of competition are emerging, including the Middle East, Central Asia, Latin America, and the East and South China Seas. Africa is fast emerging as one of the most volatile of these stages, given its vast reserves of energy
resources and concentration of internal security crises. |
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"The age of excess is over. The age of entropy has begun" |
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