China is making plays to put itself in position to have a stable oil supply to feed it's manufacturing beast. In the not to distant future oil will be a hot commodity due to its scarcity and China is positioning itself to have a safe supply. What does this mean for the U.S. and our energy security? Should we distance ourselves from oil and move towards renewable sources or should we substitute oil with natural gas?
Further Reading:
-http://money.cnn.com/2012/05/29/investing/china-oil-energy/index.htm?iid=Lead
Further Reading:
-http://money.cnn.com/2012/05/29/investing/china-oil-energy/index.htm?iid=Lead