Friday, June 29, 2012

Some Blood for Some Oil

I think I can say with some confidence that China won't face protesters chanting "no blood for oil" if these disputes escalate to shooting:

Vietnam’s state-run oil explorer warned China to halt efforts to develop disputed areas of the South China Sea that Hanoi’s leaders have already awarded to companies including Exxon Mobil Corp. (XOM) (XOM) and OAO Gazprom. ...

The tender threatens to escalate tensions after Chinese vessels last year cut the cables of a PetroVietnam survey ship and chased away a boat in waters delimited by the Philippines. The blocks are the southernmost put out for bid by China in about two decades, according to Arthur Ding, a research fellow at the Institute of International Relations in Taiwan.

And there sure as heck won't be anti-war protesters here denouncing China for using force in the South China Sea.