Global Competition for Future Energy Supplies Heats Up

Soaring demand for crude oil in China, India and other developing nations has set off a scramble to secure future energy supplies that could undermine the economic and national security of the United States.

The United States, Europe and Japan increasingly will be forced to compete with developing nations, especially China and India, the world’s two fastest growing major economies, which comprise more than a third of the world’s population.
Monterey Herald