1. Originally published in a slightly different form as “China’s Oil Strategy and its Implications for U.S.—China Relations,” Issues & Studies 42, no. 3 (September 2006): 165–201, © Institute of International Relations, National Chengchi University, Taipei, Taiwan (ROC). Reprinted by permission. This chapter is an updated version of the aforementioned article.
2. Paul Roberts, The End of Oil (Boston and New York: Houghton Mifflin, 2005), 6
3. and Francisco Parra, Oil Politics: A Modern History of Petroleum (London and New York: I.B. Tauris, 2004), 1.
4. Susan L. Cutter, “Exploiting, Conserving, and Preserving Natural Resources,” in Reordering the World: Geopolitical Perspectives on the 21st Century, eds. George J. Demko and William B. Wood (Boulder, Colo.: Westview, 1994), 123–124.
5. The oil price soared near US$80 per barrel after Hurricane Katrina hit production and refining operations in the Gulf of Mexico in September 2005. Factors such as the collapse of oil-producing countries, political instability, natural disasters, terrorism or accidents, and increased competition, all cause oil prices to soar. For an analysis of the current oil demand and market structure, see Parra, Oil Politics, 315–320; “Not So Shocking,” The Economist, April 28, 2005; Energy Information Administration (EIA), “International Energy Outlook 2005” (July 2005), 25–26; and Pak K. Lee, “China’s Quest for Oil Security: Oil (Wars) in the Pipeline?” The Pacific Review 18, no. 2 (June 2005): 267–268.