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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

2007

Oil, Gas, and Energy

New England Journal of Public Policy

Energy

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Full-Text Articles in Social and Behavioral Sciences

Oil. China And Oil In The Asian Pacific Region: Rising Demand For Oil, Pablo Bustelo Jul 2007

Oil. China And Oil In The Asian Pacific Region: Rising Demand For Oil, Pablo Bustelo

New England Journal of Public Policy

China’s growing demand for oil is significantly changing the international geopolitics of energy, especially in the Asian Pacific region. The recent growth in oil consumption, combined with forecasts of increased oil imports (especially from the Middle East), have led to deep concern among Chinese leaders regarding their country’s energy security. They are responding in a number of different ways. In particular, they are searching for new sources of supply and seeking to control purchases and transport lanes, while boosting national production at any cost. This is already causing tension with the United States and other big oil consumers, such as …