China and Venezuela Strengthen Ties

In an effort to further sever its reliance on the U.S. as a buyer of its oil, Venezuela has strengthened ties to China and promised to increase the amount of oil it exports to the mainland. President Chavez of Venezuela has promised that his country will be a supplier of oil to China "for the next 500 years." This is a big positive in international relations for China as it continues to increase its need for oil as the country expands and modernizes. It also shows some of the competition for energy resources between the U. S. and China and how important the economic battle for oil will be for the coming decades. We can only hope that both countries can find ways to use the fossil fuels in the cleanest ways possible for the sake of the global environment as both countries continue to increase the amount it uses.

http://news.bbc.co.uk/2/hi/americas/7898809.stm