First Shots in the China Oil War?

[paparush]

Man, what a day. First, the SCOTUS says Wal Mart can have my house and then China fires an econimic nuclear fucking missile right across the bow of the floundering american ship.

China said, "Hey! Bush*, wake the fuck up man! We are here! We are in the house! All your base are belong to us!"

China is rolling. Rolling Thunder. They will eat us for breakfast. Literally.

A day to remember. A day we will look back on as the first point on a new timeline that will end in a confrontation that makes Iraq look like a parking ticket.

[Frederik]

1. What happened?

What did China do?

[paparush]

3. $18Billion dollar offer to buy Unocal

[Frederik]

6. Oh, that

Doesn't Unocal have a deal with the Afghan govt. to build that pipeline from Turkmenistan through Afghanistan? Isn't that supposedly what the Afghan war was all about (in Michael Moore's version at least). So we attacked Afghanistan so that China could have access to Caspian oil. Bwahahaha.

[Oversea Visitor]

8. Some one trying to sell it to china

Buying Unocal is like buying Afgan..
At this moments they offering it to china at 188 billion
They trying to bail out
Lets see if china want afgan

[eShirl]

4. what s/he said (nt)

.

[Ganja Ninja]

2. Don't worry about China buying that oil company.

While we might outsource every other job in America we draw the line when it comes to oil company executives.
:sarcasm:

[brokensymmetry]

5. You have a way with words.

And, I think you're right.

[paparush]

7. China Trying to Beat us at our own game

China is appealing directly to the pocket books of the Unocal shareholders. Out capitalizing the Capitalists.

[justinsb]

9. The really funny thing is that they are buying stuff

with the interest payments from all the US debt they hold. So they are buying American stuff with American tax dollars.

[Tinoire]

10. Not the first shot. Check out China oil in Darfur situation

Darfur supplies 7% of China's oil supply and is the only country able to get oil out of there. Anytime you see people saying let's send NATO in an a "humanitarian" mission, check out the oil situation. The argest oil concessions in Sudan (another British creation) belong to Shina and France.

When the U.N. Security Council passed Resolution 1564, threatening Sudan with oil sanctions unless it curbed the violence in Darfur, China threatened to veto any effort to impose an embargo on Sudan, which supplies 7% of China's oil imports.

China's oil needs are expected to grow 10% a year for the foreseeable future, and it has invested $15 billion in developing Sudanese oil fields through its China National Petroleum Corp.

CNPC recently employed 10,000 workers to build a 900-mile long pipeline from an oil field in Kordofan province to Port Sudan on the Red Sea. Just outside Khartoum is a new $700 million oil refinery built with Chinese assistance.

CNPC owns 40% -- the largest single share -- of the Greater Nile Petroleum Operating Co., a consortium that dominates Sudan's oil fields in partnership with the national energy company and firms from Malaysia and India. It also owns the concessions for Block 6, an oil field partly located in southern Darfur.

http://www.sudantribune.com/article.php3?id_article=9383

UN Darfur vote turns scramble for Sudan's oil
by Rainer Chr. Hennig

As the UN Security Council is debating a US draft resolution on the Sudan crisis, based on colliding views whether a genocide is or is not happening in Darfur, the issue of Sudan's oil is becoming a key factor. If an oil export embargo is approved, China and India would lose their influence over Sudan's vast oil reserves and a Khartoum regime change would open up these resources to the West. The US is in favour of sanctions, China is against.

(snip)

While the US and UK governments are urging the UN Security Council to impose sanctions on Sudan due to Khartoum's "acts of genocide" and to stop the humanitarian crisis, many Asian and African countries are sceptical to the sudden rush to condemn Khartoum. They suspect that the real interests behind the proposed sanctions and opening for the use of military force against Sudan is motivated by other than humanitarian motives to meet the Darfur crisis - a crisis which the West actually helped create.

After all, Sudan is believed to hold Africa's greatest unexploited oil resources, even greater than those of the Gulf of Guinea. US oil companies are barred from operating in Sudan and other Western companies are chased from the country by the Washington administration. The Canadian oil company Talisman Energy is even facing charges of "complicity in genocide and war crimes" in a US court due to its past engagements in Sudan. At present, Asian oil companies dominate the field in Sudan.

(snip)

Critics however hold that it was the Western thirst for Sudanese oil that in fact started the fighting in Darfur by training the SLA and JEM (anti-Khartoum) rebels. Chaos in Sudan, German analyst Uwe Friesecke told afrol News, will give Western powers an opportunity to intervene militarily and provoke a change of the unpopular Islamist regime in Khartoum. With new powers thus handed to the World Bank and the IMF to open up Sudan's economy, the country's vast oil reserves would be accessible to Western oil companies, the analyst holds.

According to Mr Friesecke, it is no causality that the powers that are "dictating the peace" between Khartoum and South Sudan - the US, UK, Norway and Italy - are all countries with big oil interest. The US has a declared aim of making Africa one of its main oil providers. Norway bases its economy on oil and is to host an upcoming donor conference for Sudan. Norway's ever-expanding state-owned oil companies are present in many similar zones. The UK and Italy also host major oil companies. "There are made detailed plans for post-peace Sudan in the West," maintains Mr Friesecke, referring to US government sources.

(snip)

http://www.energybulletin.net/2029.html

===


Hold on to your hat for this one... Wolfowitz is all over Africa. When he took charge of the World Bank, he announced that Africa would be his "priority". Bears keeping a sharp eye on...

World can do more to end Darfur crisis-Wolfowitz
17 Jun 2005 10:20:29 GMT

KIGALI, June 17 (Reuters) - World Bank President Paul Wolfowitz said on Friday the world -- including the bank -- must do all it can to help Sudan's Darfur region emerge from the suffering of genocide.

Making an inaugural tour of Africa after taking up his post on June 1, Wolfowitz said in answer to reporters' questions during a visit to Rwanda: "I am sure more can be done. People are working hard at it, I know, in some governments."

Wolfowitz on Thursday called the situation in Darfur, a remote region of western Sudan where tens of thousands have been killed in fighting since 2003, a genocide.

(snip)

http://www.alertnet.org/thenews/newsdesk/L17485202.htm

Source: Reuters

And then we have them involved with Venezuela as well. Happy oil wars all over world with everyone dashing madly to assure their own supplies.

[silver10]

11. This is what Americans want, isn't it?

To spread capitalism and democracy around the globe?

Hey, why should United Airways be able to shove off its pension responsibilities on to the American taxpayers, yet its executives are still raking in millions? I guess we have double standards in this country - desperate Americans who have lost their jobs because it went overseas or can't pay their sky-rocketing medical bills are told to fend for themselves (this is the American way, and you don't love your country if you don't agree and are a communist!), because handouts and social welfare and even increasing the minimum wage would hurt our way of life, a free-market, capitalist society. If companies can get people to work at certain wages, then the system is working - the labor market is hired and earns whatever the market is willing to bear.

The American government is even forcing Japanese car manufacturers to increase the price of the cars they sell in the U.S., to make them more competitive here with U.S. car makers. If Japan can produce a better quality car that is less expensive, then the American public should be able to go to the car dealership, and buy the car they want at the price the seller can sell it at - whatever the market can bear.

Corporations are more important than human beings - I guess the repugs hear Jesus telling them that it's OK to apply laws to situations only when it is to their advantage, to hell with the innocent and weak, and even mankind - protect companies, executives and profits.

Isn't one of the last things that Marie Antoinette said regarding the masses, before she got her head chopped-off, "Let them eat cake!"?