Article at a glance:
Asia's surging appetite for energy has the region's countries looking for ways to secure a supply of oil and natural gas to sustain their growing economies in the years to come. In particular, China and India are in a race to buy up energy reserves. Asian governments and their national oil companies can take several steps—such as creating a regional petroleum market, expanding strategic reserves, and building a network of pipelines—to promote stable prices and reliable supply.
The take-away
Cooperation among Asia's energy-hungry nations, as well as between them and the oil-producing nations of the Middle East, will help ensure the flow of affordable oil and natural gas to the region.