These days, since the UNOCAL take over offer, one doesn't have to be a right wing nut to see the rise of China as the real long term challenge to the US, even more than radical Islam and terrorism.
In fact, in today's LA Times, they give us reason to combine the to problems, as China's growing thirst for oil is leading it into an alliance with the Islamic government in Iran:
Beijing has reportedly threatened to veto any U.S. attempt to impose sanctions on Iran for pursuing uranium enrichment technology in what Washington alleges is a nuclear arms program. China has also sold Iran weapons, including long-range missile technology, that could threaten shipping in the Strait of Hormuz, through which 40% of the world's oil exports flow.
In October, Beijing used its friendship with Tehran to seal a $70-billion agreement giving Chinese companies a 51% stake in the huge Yadavaran oil field, Iran's largest onshore field, along with a promise to help develop the largely untapped area.
"With the current U.S. threat to refer Iran's nuclear case to the U.N., Iran needs friends in high places," said Reza Zandi, an energy expert and journalist for Iran's Sharq newspaper. "We want to be friends with 'big China,' and they want to be friends with us."
Deputy Iranian Oil Minister Seyed Mohammed Hadi Nejad Hosseinian said U.S. pressure had driven Iran into China's arms.
The U.S. Energy Department recently opened an office in Beijing, partly to discuss conservation and China's oil quest. U.S. officials also hope high-level dialogue will address Beijing's dealings with Tehran.
According to the article, China is scouring the earth for oil resources. While they're happy to trade those resources on the open market for now, it is doubtful they would let them slip away if push ever becomes shove in the Taiwan straights.
The US does not have a divine right to use our current disproportionate share of global energy supplies, so we should not complete begrudge the Chinese attempt to shore up their strategic position by acquiring these energy assets.
But, we ought take this as the 14th ring of the snooze alarm as to how destabilizing our and the world's growing reliance on limited fossil fuels really is. It gives incentive to our competitor's to make global mischief, the it gives mischief makers in China, Venezuela, Russia and else where the means to make mischief.