Africa: America's New Oil Target

SBS

Title: Africa: America's New Oil Target
Producer: SBS
Category: Politics
Views: 765
Added: Oct 15th 2010
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Description

As world oil reserves decline, the US and other world powers are competing for African oil. US energy and foreign policies have now merged: they militarise choke points and oil-producing countries that can be loyal to the US. Currently 14% of US oil comes from Africa, while experts predict that America's own national oil supply will run out in eight years. Thus securing an energy supply is a top strategic priority in an oil-hungry world, which explains the sudden interest from America, Europe, China and Japan for Africa. Under the guise of the wars against 'terror' and 'poverty' the US is setting up military bases in West Africa and planning for a possible conflict with Europe and China.

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