According to the IEA, Chinese energy consumption now surpasses the U.S. Think about that for a moment. Skant months ago, the U.S. used more energy per annum than any other country. Now it's China. And they overtook our consumption "at breakneck pace".
http://www.countercurrents.org/cohen220710.htmAlso, while the U.S. has been blasting its way around the world stealing other country's resources, the Chinese, in traditional business suits and business-class airline seats, have gone to the centers of energy production and conducted good old-fashioned business deals, using traditional contracts, and as a result have secured more resources than we have taken by force. And they are making friends instead of enemies. In fact, they have cornered the market on most rare-metals. Meanwhile, as we continue to ignore the problem as if it does not exist.
Finally, oil is required to develop any alternative energy system. Oil is required until it's replacement can takeover. Problem with that is, there is nothing that is as energy dense as oil and there is nothing that can scale up to the the 73,000,000 barrels the world uses of oil each and every day.
China knows what's up. And they have proven that they are immensely smarter than we are.
Check mate.