The oil stocks and offshore reserves obviously share one thing in common, their vicinity to the sea this is an asset when one considers the easy of importations and exportations. It is also a weakness because it is exposed to foreign encounters. The Taiwanese security question is exposed, how long could China sustain a cross-straight assault? All three of the stock oil bases are within range of Taiwanese cruse missile attacks thus as the question of oil acquisition is presented the question of energy security follows close behind. China's oil output is far lower than its domestic need due to low oil resources. It's growing economy demands greater and greater amounts of crude oil every year. In 2004, China had to import 100 million tons of crude oil in order to supply its energy demand, more than half of which came from the Middle East. It seems that high oil prices will quell global economic growth in China. This is one of the reasons why it no longer exports oil to Japan who...