Verified source report
The American epoch of oil is collapsing. What comes next could be ugly | Jonathan Watts
China is dominating the energy transition with astonishing result, while fossil fuel fascists in the US try to turn back the clock “Farewell,” the flag-waving Chinese children chanted to Donald Trump as he strolled along the red carpet back to Air Force One at the end of his summit with Xi Jinping in Beijing. The US leader claimed he was leaving with a cluster of “fantastic” trade deals to sell US oil, jets and soya beans to China. That has not been confirmed by his smiling host, but one thing was crystal clear from the two days of meetings: the global balance of power is shifting, from the declining petrostate in the west to the rising electrostate in the east. Continue reading...
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What happened
According to The Guardian’s source item, The American epoch of oil is collapsing. What comes next could be ugly | Jonathan Watts, China is dominating the energy transition with astonishing result, while fossil fuel fascists in the US try to turn back the clock “Farewell,” the flag-waving Chinese children chanted to Donald Trump as he strolled along the red carpet back to Air Force One at the end of his summit with Xi Jinping in Beijing. The US leader claimed he was leaving with a cluster of “fantastic” trade deals to sell US oil, jets and soya beans to China. That has not been confirmed by his smiling host, but one thing was crystal clear from the two days of meetings: the global balance of power is shifting, from the declining petrostate in the west to the rising electrostate in the east. Continue reading…
Context
The development sits in VINI’s Global file for readers following international affairs, institutions, conflict, diplomacy, economics, and cross-border consequences. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-05-17T13:00:41+00:00.
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Open questions include whether primary sources issue follow-up statements, whether local or market impacts become clearer, and whether additional reporting changes the timeline or adds material context.
Source
Primary source: The American epoch of oil is collapsing. What comes next could be ugly | Jonathan Watts via The Guardian. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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Source links
- The American epoch of oil is collapsing. What comes next could be ugly | Jonathan WattsThe Guardian - 2026-05-17T13:00:41+00:00
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