Where’s the Oil in Asia? China and India Team Up

Where’s the Oil in Asia? China and India Team Up

Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.

world-change2
Asia has a paltry 5% of the world’s oil reserves.

Asia has a paltry 5% of the world’s oil reserves.

Compare that to the former Soviet Union which has more than one fifth (20/8%) and Africa and the Middle East which has nearly 2/3s of the oil reserves (60.5%).

What to do…China National Petroleum Co. and India’s Oil & Natural Gas Corp. teamed up to buy a Syrian oil field!

I thought about doing that once…buying a gas station. But then, I realized I still had to buy the gas before I could pump it out.

The reason India and China went in to buy the field together was so that they didn’t bid each other out of a fair price for the field. Now, that sounds smart to me.

Why can’t other countries find a similar working relationship?

What do you think?

Talk to Bill and others about their experiences raising bi-cultural Japanese-American kids.

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