China vs USA: Battle of oil

Post on 21-Jun-2015

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Transcript of China vs USA: Battle of oil

China v/s US: The Battle for Oil

China’s Energy Demand• Highest birth rate.• Second Largest consumer of oil.• Energy needs increasing day by day.• Lacks its own source of oil.• Conflicts with world’s greatest consumer of oil.

Initialization of crisis• Started making International alliances all over the world.•Made tie ups, especially Africa.• Started tempting African Leaders.•Acquired Chad.•Captured Venezuela.

The Secret War Between China and the US for Africa's Oil Riches

• First Largest consumer of oil.• Uses 7 million barrels per day.• Us depended on Africa for oil.• California supplied oil to US.

• Second largest consumer of oil.• Uses 3.5 million barrels per

day.• China also started importing

oil from Africa.• Started acquiring California.

Battle started in 2005

The Great Game• Tehran Persian Gulf.• Provoked massive US response. War between Iran and USA• Taiwan – USA.• China Taiwan.• Venezuela+ China Gulf of Mexico.• USA – London.• London Venezuela and China.• India – USA.

USA and Saudi Relations• Saudi royal family and George Bush senior.•China’s strategic oil reserve.•China’s desire to become an economic superpower.

THE WAR IS STILL ONN…