Energy Crunch Time

via Thirst for Energy Drives Beijing’s Global Push –

WASHINGTON—China’s emergence as the world’s most voracious energy consumer has wide implications for U.S. foreign policy as Beijing moves to sew up energy sources from the Middle East to Latin America, and strives to take a lead in advanced energy technology.

China is now the largest importer of Saudi crude oil, outpacing the US.  They have signed contracts all over the world for coal, natural gas, uranium, and more.  At the same time they are working much faster on green technologies than the US.

Is this a competition?  If it is, where does that leave the US?

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