China Vs. United States: War Of The Oil Sands
Sunday, 11 September 2011 15:21 Michael Ray, Seeking Alpha
It will be interesting to see how the battle for the oil sands plays out. What it comes down to is that no matter how hard the environmentalists wish the oil sands would just go away, the fact of the matter is that demand for oil is growing.
If one was to pay attention to current political/military events, it would be hard to miss the coming rise to power of China. This nation of 1.3 billion people has been on a rapid growth rate of both economic and military might in recent years. Just recently China introduced its own version of a stealth fighter aircraft and its first aircraft carrier, which used to be the”Varyag” from the Russian Navy. On top of these recent developments, add a very sophisticated cyber warfare unit and you get an opponent with growing capabilities. Needless to say, the Pentagon has some concerns dealing with the rising power base that China has. As both countries endlessly spar over and contest such territories as the Yellow Sea and Taiwan, the real battle between the superpowers has already begun and the opening salvos might just be in the interior of Canada at the oil sands. The question is how investors can benefit from the coming struggle for this valuable piece of land and the resources it holds. (GWPF)
