Sunday, April 4, 2010

Africa-Americas New Oil Target

Untapped: The Scramble for Africa's Oil


As world oil reserves decline, the US and other world powers are competing for African oil. US energy and foreign policies have now merged: they militarise choke points and oil-producing countries that can be loyal to the US. Currently 14% of US oil comes from Africa, while experts predict that America's own national oil supply will run out in eight years. Thus securing an energy supply is a top strategic priority in an oil-hungry world, which explains the sudden interest from America, Europe, China and Japan for Africa. Under the guise of the wars against �terror' and �poverty' the US is setting up military bases in West Africa and planning for a possible conflict with Europe and China.



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