Saturday, January 14, 2006

It's about the oil stupid

One of the things that has changed in the last 16 years that I have been visiting the Philippines there are so many more cars....

Not to mention electricity to the villages, and the presence of handplows to prepare the fields instead of the traditional water buffalo (although the water buffalo are still used for many things)...

So what is rarely mentioned during the "it's about the oil" rants that I read is the question: whose oil?

I haven't been to China, but with the economic increases of Chinese manufacturing and increase in wealth, their oil needs are increasing...

The link is to how China pulled a business coup against American and other oil companies in getting apipeline built...note the stuff in the article about Iran...

However, China is expanding their economic power into Africa (many ties with Zim...and their oil ties with Sudan prevents the UN from censoring that country about the genocide in Dafur)...

And, of course, the PHilippines industries suffer not only from Gloria's corrupt government but from being underpriced by cheap imports by Chinese labour...

Just making observations...don't know enough to make a judgement...

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