Comments by "" (@craigkdillon) on "Russia and China joining forces in the Arctic" video.
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I am more optimistic.
Peak Oil Demand is expected to happen by 2025, some think sooner. When global oil demand shrinks, the value of Arctic oil will plummet. In fact, oil+gas should cease to be strategic resources by 2040.
As nations around the world implement renewable energy infrastructures. the need for oil+gas will no longer determine global politics and international relations.
Why does everyone care who rules in the Middle East and what they do there??
Why does no one care about who rules in Central Africa or what they do there??
Yep, you guessed it - one has oil+gas, and the other does not (except for Nigeria, and still no one cares, LOL).
When Arabia's oil is no longer desired, who will protect the Saudi monarchy?
Same about the other oil based nations.
Oil prices will plummet, and will stay down.
So, who will spend extra $$ to extract Arctic oil? Who will buy it??
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Again, the elephant is the room is ignored. --- Siberia.
China has been challenging the borders of its neighbors - India, Japan, Vietnam.
But, not Russia --- yet.
In fact, China has more real claim to Siberia than its spurious claims to the SCS, Japan's islands, Kashmir, etc. Also, Siberia is empty. More people could be used to exploit its resources, which are great. Moreover, Siberia borders the Arctic and could be a way for China to become an Arctic country.
Will China begin pressuring Russia to return Siberia to it??
I wonder.....
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