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Third is in sea trial and fourth under construction. Also, China doesn't pretend to be global police, so it needs them only in South China sea, while US need to
by blackoil 2y ago
Third is in sea trial and fourth under construction. Also, China doesn't pretend to be global police, so it needs them only in South China sea, while US need to be present in Middle East, Europe and USA also.
- kurthr 2y agoUmmm, who's going to make sure all the oil comes from the middle east? It's not like the US needs to import light sweet crude from there since the refineries are made for heavier oil than comes from Saudi or fracking.
- hollerith 2y agoThat great, so the US, which produces all the oil it needs within its borders, needs to be present in the Middle East, but China, which produces some oil, but not enough to run its current fleet of cars and trucks, let alone fight a war, does not need to be in the Middle East. Interesting analysis :) Note that Russia's oil does not help China here: the infrastructure in Russia only allows export via European ports, not Asian ports and not over the Russia-China border, though with the construction of a few 5,000-km-long pipelines, I guess that could change in a few years if Russia cares enough.
- maxglute 2y ago[flagged]
- DeathArrow 2y agoUS isn't in Middle East to protect their oil sources in case of war. US is in Middle East to control oil prices, do policing, help Israel and threat Iran and other regional actors. I believe Russia and China signed agreements for building gas and oil pipes.
- hollerith 2y agoI agree with your "control oil prices" only if it means making sure Iran or some other country does not close the Strait of Hormuz to oil tankers.
- lossolo 2y ago> though with the construction of a few 5,000-km-long pipelines, I guess that could change in a few years if Russia cares enough https://en.wikipedia.org/wiki/Altai_gas_pipeline https://en.wikipedia.org/wiki/Altai_gas_pipeline https://www.reuters.com/business/energy/putin-says-oil-pipeline-could-run-alongside-planned-new-gas-link-china-2024-05-17 https://www.reuters.com/business/energy/putin-says-oil-pipel...
- hollerith 2y agoInteresting. From the second link: "Russia currently sends gas to China through the Power of Siberia 1 pipeline, which began operating in 2019 and runs through eastern Siberia into northeast China. Experts say that as China is not expected to need additional gas supply until after 2030, Beijing could drive a hard bargain on price for a second pipeline via Siberia."