So all the while Pres. Obama & Aquino III was holding a joint press conference last April 28, 2014, China has been drilling oil & gas in Scarborough Shoals and was reclaiming land in five (5) reefs!
And Aquino III refused to challenge China’s aggression and referred to those islands and reefs as “a few uninhabitable rocks”.
Both Pres. Obama and Aquino III failed to mention that the Spratlys area holds about 900 TRILLION CU. FT. (25 trillion cubic meters)–the same as the proven reserves of Qatar
Aquino III: “That (prosperity of our respective people) I think has to be the primordial concern, RATHER THAN DISPUTES ON A FEW ROCKS THAT ARE NOT POSSIBLE TO BE INHABITED.”
Excerpt “According to the US EIA (Energy Information Administration), the real wealth of the area may well be natural gas reserves. Estimates say the Spratlys area holds about 900 TRILLION CU. FT. (25 trillion cubic meters)–the same as the proven reserves of Qatar.”
From: “Japan Unveils Largest Warship since WWII (Bienvenido Macario, USA) Fri, Aug 9, 2013 at 4:49 AM
http://waisworld.org/go.jsp?id=02a&objectType=post&o=78603&objectTypeId=68564&topicId=14
![“There is enormous trade, enormous business that’s done between the United States and China. OUR GOAL IS NOT TO COUNTER CHINA. OUR GOAL IS NOT TO CONTAIN CHINA.” Pres. Barack Obama, 28 April 2014 [As usual it’s about money (trade and business is money).With China and its huge population, it’s a lot of money.]](https://www.nedmacario.us/wp-content/uploads/2014/06/Pres.-Obama-Aquino-III-in-Malacañang-on-Monday-April-28-2014.jpg)
[As usual it’s about money (trade and business is money).With China and its huge population, it’s a lot of money.]