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Global energy needs are rising despite soaring prices while petroleum production is struggling to keep pace, as many existing oilfields go into decline and new reserves become rarer and increasingly difficult to exploit. In this tightening supply situation, the world is witnessing a triangular race between the United States, China and India to secure future energy supplies. The United States, already the world's largest energy consumer and oil importer, may be overtaken by China in the coming decades as ther latter agressively seeks new supplies to fuel its phenomenal growth. India, with its burgeoning population, is also poised for dramatic economic development and remains heavily dependent on energy imports to bridge the widening gap between modest domestic production and surging demand. As global economic gravity shifts towards Asia much of the continents oil imports will continue to be sourced from the Arabian Gulf.
What are the international implications of this triangular race for energy supplies? Will it lead to strategic cooperation, competition or even conflict between the three countries? How will oil geoplolitics and energy security considerations shape the foreign policies of China, India and the United States? How can the gulf countries meet and capitalize on the energy needs of these three global players? These and related issues were discussed by energy experts who assembled at the ECSSR Twelvth Annual Energy Conference on China, India and the United States: Competition for energy resources held from November 19-21, 2006 in Abu Dhabi. This volume of conference presentations offers global, regional and national perspectives on the international race for energy resources and its wider economic and political ramifications.