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War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!

 
YouAreDreaming
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11/30/2013 12:20 AM
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War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
[link to www.cnn.com]

"it's uninhabited and may look like a bunch of rocks. But ownership of the islands would allow for exclusive oil, mineral, and fishing rights in surrounding waters."

[link to news.nationalgeographic.com]

"One Chinese estimate puts the oil stores in the South China waters at 213 billion barrels, an amount that would exceed the proved reserves of every country except Venezuela (296.5 billion barrels at the end of 2011) and Saudi Arabia (265.4 billion barrels). That's about ten times higher than a U.S. Geological Survey estimate from the mid-1990s—but even that lower figure puts the South China Sea's oil potential at four or five times that of the Gulf of Mexico."

---
213 Billion barrels of oil at ~$100 (92.72) a barrel makes the potential dollar value of this exclusion zone at 21 Trillion dollars for who ever controls those resources.

Now China is playing tag with US, Japanese and South Korean military flights in that region. This issue is heating up and it looks like China will not back down at risk of loosing control of a huge amount of oil resources not including the natural gas, fish and other minerals.

You want to know why they created the exclusion zone and why a war could break out, it's not islands... it's trillions of dollars worth of oil and other resources!

This is why this can get ugly fast, we very well could be staring down the barrel of the WWIII gun.

---

[link to www.washingtonpost.com]

"The Ministry of Defense said the Chinese fighter jets identified and monitored the two U.S. reconnaissance aircraft and a mix of 10 Japanese early warning, reconnaissance and fighter planes during their flights through the zone early Friday."

---

This is why we have to be concerned, it's getting very hot in that area and now you know why.

Last Edited by YouAreDreaming on 11/30/2013 12:27 AM
Anonymous Coward
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11/30/2013 12:27 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
[link to www.cnn.com]

"it's uninhabited and may look like a bunch of rocks. But ownership of the islands would allow for exclusive oil, mineral, and fishing rights in surrounding waters."

[link to news.nationalgeographic.com]

"One Chinese estimate puts the oil stores in the South China waters at 213 billion barrels, an amount that would exceed the proved reserves of every country except Venezuela (296.5 billion barrels at the end of 2011) and Saudi Arabia (265.4 billion barrels). That's about ten times higher than a U.S. Geological Survey estimate from the mid-1990s—but even that lower figure puts the South China Sea's oil potential at four or five times that of the Gulf of Mexico."

---
213 Billion barrels of oil at ~$100 (92.72) a barrel makes the potential dollar value of this exclusion zone at 21 Trillion dollars for who ever controls those resources.

Now China is playing tag with US, Japanese and South Korean military flights in that region. This issue is heating up and it looks like China will not back down at risk of loosing control of a huge amount of oil resources not including the natural gas, fish and other minerals.

You want to know why they created the exclusion zone and why a war could break out, it's not islands... it's trillions of dollars worth of oil and other resources!

This is why this can get ugly fast, we very well could be staring down the barrel of the WWIII gun.

---

[link to www.washingtonpost.com]

"The Ministry of Defense said the Chinese fighter jets identified and monitored the two U.S. reconnaissance aircraft and a mix of 10 Japanese early warning, reconnaissance and fighter planes during their flights through the zone early Friday."

---

This is why we have to be concerned, it's getting very hot in that area and now you know why.
 Quoting: YouAreDreaming


They better come up with a way to share the spoils...
YouAreDreaming  (OP)

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11/30/2013 12:31 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
They better come up with a way to share the spoils...
 Quoting: I Come In Peace


If it was about sharing they wouldn't create the exclusion zone. This is total control by China and for reasons which are leading us towards a real war with them.

Even if war doesn't break out soon, US/Chinese relations have changed dramatically already. All those cheap Chinese goods which are all crap IMO could start rising, or the US will stop importing, trade embargos could go into effect. The Chinese already are looking to dump the US dollar and published their nuclear strategic strike map months prior; obviously they feel they have to go to war with the US.

[link to www.ibtimes.com]

China To Engage In 'Six Inevitable Wars' Involving U.S., Japan, India And More, According To Pro-Government Chinese Newspaper
YouAreDreaming  (OP)

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11/30/2013 12:35 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Please bump for Chinese Doom... I think this is bigger than the North Korea doom earlier this year as they are already engaging in military cat and mouse in that air space. All provocation with zero diplomacy at the moment.

Last Edited by YouAreDreaming on 11/30/2013 12:36 AM
YouAreDreaming  (OP)

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11/30/2013 12:35 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
U.S. 'advising' airlines to 'comply' with China request on disputed zone

[link to www.cnn.com]

To this point, a senior official in U.S. President Barack Obama's administration said Friday that commercial airlines are being told to abide by Beijing's call to notify it of plans to traverse the newly declared zone over the East China Sea, even if the U.S. government doesn't recognize it.

----

The US backing down a little or preventing their airlines from being shot down... you decide.

Last Edited by YouAreDreaming on 11/30/2013 12:51 AM
YouAreDreaming  (OP)

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11/30/2013 12:35 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
-- double post --
YouAreDreaming  (OP)

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11/30/2013 12:55 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
If Obama is backing down, perhaps China testing the US for weakness is working. We'll have to monitor what happens over the weekend to see if more fighters play cat and mouse over the new exclusion zone.
EllieMay

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11/30/2013 12:56 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Geez, this worries me--on a personal level. I import lace and textile products for my business--things no longer made in the US. We can't have war--yet.

Will consider switching to Indian and European goods as well. Been saying for years the US is a giant prositute. Sold out for nothing. Crap crap crap.
YouAreDreaming  (OP)

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11/30/2013 01:01 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Geez, this worries me--on a personal level. I import lace and textile products for my business--things no longer made in the US. We can't have war--yet.

Will consider switching to Indian and European goods as well. Been saying for years the US is a giant prositute. Sold out for nothing. Crap crap crap.
 Quoting: EllieMay


This is what I think would stall war is the fact that everything is now made in China, so obviously it's not in the best interests to go down this road; yet China annexed hundreds of miles of area with their exclusion zone which in it's self is an act of war.

The US fly's 2 B-52 bombers in response and now Japan, China and the US are flying military craft in that new zone.

Very provocative and anything can ignite this into a real war, and really fast.

No matter what the outcome, China acted aggressively against Japan and is dragging the US into potential conflict with that move... if nothing happens and they gain control it's because everyone knows the end game being war is going to devastate the global economy and trade.

What China did is an act of war, or at least can be responded to with war as a result, very scary.

Last Edited by YouAreDreaming on 11/30/2013 01:02 AM
YouAreDreaming  (OP)

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11/30/2013 01:19 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
bump in light of many racoon, elmo and mcdonald spam threads dropping important topics from view.
YouAreDreaming  (OP)

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11/30/2013 01:34 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
dooom
Rekrov

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11/30/2013 01:57 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Yes, I'm sure China is going to risk a war with the country that consumes 3x what they consume themselves in oil... because of oil

That makes sense

Are there still people in the post-nuclear age who believe these "wars" are real?

[link to www.infoplease.com]

Last Edited by Rekrov on 11/30/2013 01:58 AM
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Anonymous Coward
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11/30/2013 02:04 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
bump
YouAreDreaming  (OP)

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11/30/2013 02:06 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Yes, I'm sure China is going to risk a war with the country that consumes 3x what they consume themselves in oil... because of oil

That makes sense

Are there still people in the post-nuclear age who believe these "wars" are real?

[link to www.infoplease.com]
 Quoting: Rekrov


I agree its odd. Yet China clearoy committed qn act of war anhexing those Ja9anese owned Islands.
Anonymous Coward
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11/30/2013 02:27 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Geez, this worries me--on a personal level. I import lace and textile products for my business--things no longer made in the US. We can't have war--yet.

Will consider switching to Indian and European goods as well. Been saying for years the US is a giant prositute. Sold out for nothing. Crap crap crap.
 Quoting: EllieMay

Who's the prostitute? Why weren't you already buying your goods from Europe? If you can't manage professional loyalty to your own country, you could at least retain some for the race that built it and continues to nurture the likes of you, even when you don't deserve it.
Anonymous Coward
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11/30/2013 02:35 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Yes, I'm sure China is going to risk a war with the country that consumes 3x what they consume themselves in oil... because of oil

That makes sense

Are there still people in the post-nuclear age who believe these "wars" are real?

[link to www.infoplease.com]
 Quoting: Rekrov


Any nation who knows how weak US leadership is at the moment may comsider brinkmanship a viable game to play.

China needs to assert it's sphere of influence in the Pacific and Obama has already been punked out once this year by an old rival.
Anonymous Coward
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11/30/2013 02:37 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
"O" loves MAO and China.........yeah, he is weak..
Hypertiger

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11/30/2013 02:38 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
[link to www.cnn.com]

"it's uninhabited and may look like a bunch of rocks. But ownership of the islands would allow for exclusive oil, mineral, and fishing rights in surrounding waters."

[link to news.nationalgeographic.com]

"One Chinese estimate puts the oil stores in the South China waters at 213 billion barrels, an amount that would exceed the proved reserves of every country except Venezuela (296.5 billion barrels at the end of 2011) and Saudi Arabia (265.4 billion barrels). That's about ten times higher than a U.S. Geological Survey estimate from the mid-1990s—but even that lower figure puts the South China Sea's oil potential at four or five times that of the Gulf of Mexico."

---
213 Billion barrels of oil at ~$100 (92.72) a barrel makes the potential dollar value of this exclusion zone at 21 Trillion dollars for who ever controls those resources.

Now China is playing tag with US, Japanese and South Korean military flights in that region. This issue is heating up and it looks like China will not back down at risk of loosing control of a huge amount of oil resources not including the natural gas, fish and other minerals.

You want to know why they created the exclusion zone and why a war could break out, it's not islands... it's trillions of dollars worth of oil and other resources!

This is why this can get ugly fast, we very well could be staring down the barrel of the WWIII gun.

---

[link to www.washingtonpost.com]

"The Ministry of Defense said the Chinese fighter jets identified and monitored the two U.S. reconnaissance aircraft and a mix of 10 Japanese early warning, reconnaissance and fighter planes during their flights through the zone early Friday."

---

This is why we have to be concerned, it's getting very hot in that area and now you know why.
 Quoting: YouAreDreaming


So lets see...China is going to implode its economy along with the entire global trade system in a war to get control of a potential source of future energy.
Rekrov

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11/30/2013 02:49 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Yes, I'm sure China is going to risk a war with the country that consumes 3x what they consume themselves in oil... because of oil

That makes sense

Are there still people in the post-nuclear age who believe these "wars" are real?

[link to www.infoplease.com]
 Quoting: Rekrov


Any nation who knows how weak US leadership is at the moment may comsider brinkmanship a viable game to play.

China needs to assert it's sphere of influence in the Pacific and Obama has already been punked out once this year by an old rival.
 Quoting: Anonymous Coward 50390313


Granted, I just feel that if he is punked out, it was already in the cards

Another possibility is that he doesn't intend to go down easy at the behest of the Saudi/OPEC interests who wouldn't want a comparable oil field tapped
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Kirk

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11/30/2013 02:51 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
We were in Nam for oil. A lot was mapped.
Government is a body largely ungoverned.
Hypertiger

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11/30/2013 02:56 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Animals are ignorant of Truth and take more power than they give to sustain existence.

The same as chopping down trees faster than they regrow to sustain existence.

Until the trees run out and they die.

Human beings are knowledgeable of Truth and share power equally to sustain existence

The same as chopping down trees as fast as or slower than they regrow to sustain existence.

Until the trees run out but never do.

You all are ignorant of Truth.

Ignorance of Truth is the root of all evil.

Of course the Human rights package is way better than the monkey rights package.

It is amazing how gloriously ignorant you all are...It's a miracle.

Last Edited by Hypertiger on 11/30/2013 02:57 AM
Anonymous Coward
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11/30/2013 03:05 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
They better come up with a way to share the spoils...
 Quoting: I Come In Peace


If it was about sharing they wouldn't create the exclusion zone. This is total control by China and for reasons which are leading us towards a real war with them.

Even if war doesn't break out soon, US/Chinese relations have changed dramatically already. All those cheap Chinese goods which are all crap IMO could start rising, or the US will stop importing, trade embargos could go into effect. The Chinese already are looking to dump the US dollar and published their nuclear strategic strike map months prior; obviously they feel they have to go to war with the US.

[link to www.ibtimes.com]

China To Engage In 'Six Inevitable Wars' Involving U.S., Japan, India And More, According To Pro-Government Chinese Newspaper
 Quoting: YouAreDreaming


"The Coming War with China", Bernstein, Richard and Ross H. Munro. 1997
Hypertiger

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11/30/2013 03:07 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
You were in Nam because the USA took over from France.

The security council.

The British empire is tied to the creation of modern Russia

The French empire is tied to the creation of modern China

The British empire and the French empire are tied to the creation of the USA

The USA is tied to them all.

In 1944 the USA took over from the British empire as the demand of the global trade system

prior to the 1933 to 1945 bankruptcy reorganization of the global trade system.

The UK was the demand and the supply of the global trade medium of exchange the British pound Stirling.

Lord Keynes was claimed to be the chief architect or the Bretton woods agreement that set of the current global trade system the USA is the demand of.

Lord Keynes he was a British citizen not elected by the American population.

The USA has never in it's history been independent from control by the city of London.
Stu

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11/30/2013 03:08 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
the spice must flow to support the ponzi scheme
_____________________________________
Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind.

-Ramana
Hypertiger

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11/30/2013 03:09 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
They better come up with a way to share the spoils...
 Quoting: I Come In Peace


If it was about sharing they wouldn't create the exclusion zone. This is total control by China and for reasons which are leading us towards a real war with them.

Even if war doesn't break out soon, US/Chinese relations have changed dramatically already. All those cheap Chinese goods which are all crap IMO could start rising, or the US will stop importing, trade embargos could go into effect. The Chinese already are looking to dump the US dollar and published their nuclear strategic strike map months prior; obviously they feel they have to go to war with the US.

[link to www.ibtimes.com]

China To Engage In 'Six Inevitable Wars' Involving U.S., Japan, India And More, According To Pro-Government Chinese Newspaper
 Quoting: YouAreDreaming


"The Coming War with China", Bernstein, Richard and Ross H. Munro. 1997
 Quoting: Anonymous Coward 50765335


The only reason there will be war.

Is because you all are hapless powerless morons that can be fooled into committing suicide.
Hypertiger

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11/30/2013 03:13 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
the spice must flow to support the ponzi scheme
 Quoting: Stu


the Ponzi scheme is powered by all of you...you all are the demand from the global trade system and the supply to the global trade system.

In 2008 the demand by all of you from all of you became greater than the supply from all of you to all of you.

The system is yield starved and its eating you all to supply the demand of your hunger.

You all are committing mass suicide and have zero clue.

You all think you are irresponsible.

The cause of all the problems of the world can be found by looking into any mirror.
Stu

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11/30/2013 03:21 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
They better come up with a way to share the spoils...
 Quoting: I Come In Peace


If it was about sharing they wouldn't create the exclusion zone. This is total control by China and for reasons which are leading us towards a real war with them.

Even if war doesn't break out soon, US/Chinese relations have changed dramatically already. All those cheap Chinese goods which are all crap IMO could start rising, or the US will stop importing, trade embargos could go into effect. The Chinese already are looking to dump the US dollar and published their nuclear strategic strike map months prior; obviously they feel they have to go to war with the US.

[link to www.ibtimes.com]

China To Engage In 'Six Inevitable Wars' Involving U.S., Japan, India And More, According To Pro-Government Chinese Newspaper
 Quoting: YouAreDreaming


"The Coming War with China", Bernstein, Richard and Ross H. Munro. 1997
 Quoting: Anonymous Coward 50765335


The only reason there will be war.

Is because you all are hapless powerless morons that can be fooled into committing suicide.
 Quoting: Hypertiger



nobody wins in the end, but China is compelled to prove they're the new alpha dog on the block. Admittedly, they've been exploited for a long time (they're own fault), but now the sleeping Dragon awakes and they will get their way because they're determined, have a long memory ( of the Brits and Japs), this is Their Backyard and they now have ALL THE RESOURCES THEY NEED INCLUDING GOLD AND OIL AND NATGAS (from Russia). The Middle Kingdom will now reassert itself and it won't be pretty because USA/Israel will not go quietly into that good night (the Brits have already conceded, they're toothless with the the highest debt per capita).

Even despite what Russia, China, Iran, any imaginary "evil" enemies do, in the end America gets exactly what it deserves. Karma is indeed an ugly bitch and she bites hard.
_____________________________________
Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind.

-Ramana
Anonymous Coward
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11/30/2013 03:26 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
Yes, I'm sure China is going to risk a war with the country that consumes 3x what they consume themselves in oil... because of oil

That makes sense

Are there still people in the post-nuclear age who believe these "wars" are real?

[link to www.infoplease.com]
 Quoting: Rekrov


Any nation who knows how weak US leadership is at the moment may comsider brinkmanship a viable game to play.

China needs to assert it's sphere of influence in the Pacific and Obama has already been punked out once this year by an old rival.
 Quoting: Anonymous Coward 50390313


You have no idea what you are talking about.

US leadership has not changed hands in decades, left/right tard.
Stu

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11/30/2013 03:27 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
the spice must flow to support the ponzi scheme
 Quoting: Stu


the Ponzi scheme is powered by all of you...you all are the demand from the global trade system and the supply to the global trade system.

In 2008 the demand by all of you from all of you became greater than the supply from all of you to all of you.

The system is yield starved and its eating you all to supply the demand of your hunger.

You all are committing mass suicide and have zero clue.

You all think you are irresponsible.

The cause of all the problems of the world can be found by looking into any mirror.
 Quoting: Hypertiger




Chasing yield in a ZIRP world is like a snake eating its own tail. The parasites have killed the host so now now they start eating each other. Or you could relate that to higher energy input costs. The whole DEBT PONZI SCHEME was a scheme predicated upon cheap oil and promises (debt)of the future layered in countless derivatives and clever illusions.

It seems there is no end to the human imagination to deny reality. That same brilliant imagination that creates miracles also has the flip side of denying reality through contless denials and excuses.

Last Edited by Stu on 11/30/2013 03:29 AM
_____________________________________
Even the structure of the atom has been found by the mind. Therefore the mind is subtler than the atom. That which is behind the mind, namely the individual soul, is subtler than the mind.

-Ramana
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11/30/2013 03:47 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake





hidinghidinghidinghiding
Anonymous Coward
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11/30/2013 03:50 AM
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Re: War with China over Natural Gas and Oil Deposit... not Islands! Trillions at stake!
they should just use free energy technology but then agian they're would be silver copper and iron wars





GLP