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Politics : Foreign Affairs Discussion Group
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To: gamesmistress who wrote (87977)3/30/2003 4:23:08 PM
From: Condor  Read Replies (1) of 281500
 
but I hadn't realized how oil wealth in and of itself could impede that development. I think our foreign affairs priorities are going to undergo a drastic overhaul.

I will be most interested in seeing the dynamics change as China (and apparently India) ratchet up there demand for oil in the next few years. Theoretically the law of supply and demand would address the problem ( price ) but if practical alternatives don't surface quickly enough ( and I don't believe they will ) all hell is going to break loose. Each country will demand its share I expect regardless of anyones ability to pay. Per capita consumption may be a basis for future oil wars perhaps.
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