Clashes between China and US on rising of oil price
Washington, Apr. 19 - There is no doubt that the competition for access to oil is emerging high all over the world and it is also on the top of the agenda on President Hu Jintao's visit to the White House this week. The United States feel that China's growing demand is one of the main reasons of hike in oil prices. While keeping this ground in view President Bush has warned China not to try to "lock up" the global supplies directly or indirectly. Since the price of the crude oil has touched $70 a barrel and the Americans have to pay $3 per gallon for gasoline, the officials say that this subject has to be brought at the Thursday meeting in the Oval Office to make a check over it. US Administration also feel that China's ever growing requirements for oil is a matter of concern not only for US but also for the whole world, particularly Japan and European countries among others.
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