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China, U.S. in secret war for Africa's oil riches
Posted By -NO AUTHOR- On 11/21/2012 @ 11:04 pm In Money,World | No Comments
(OilPrice) In the struggle to secure energy resources, the great powers consider all states to be fair game. Indeed, this is precisely what characterizes American foreign policy in the modern era. When it comes to economic and geopolitical interests, Washington seldom differentiates between democratic leaders and despots, especially when those interests involve oil. Currently, the stakes are high in the rush to secure oil resources and nowhere is this more evident than in the Sino-American rivalry in Africa. Both states are competing to secure their share of oil supplies in order to quench their addiction to the coveted ‘black gold.’
One of Washington’s primary energy security concerns has been to diversify its sources of foreign oil.
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