@Yahya
I do believe the US wants to control the Somali oil production. I don't think they are driven by the need to have oil for their own consumption though. It is more of a geopolitical control issue. As an example, right now the US is threatening Germany with sanctions over the Russian Nord Stream 2 gas pipeline
The US is the biggest oil producer in the world, followed by Russia and Saudi Arabia.
Around 70-80% of crude oil goes to the transportation sector (gasoline, diesel, aviation fuel, lubricants, etc).
Transportation sector is going electrical and hydrogen fuel cell routes. It is a real thing now. Mega carrier trucking companies are getting ready for the switch. The 2nd largest waste collector in the US, Republic Services, put an order for 2,500 Nikola large electric trucks and planning to double the order. We are talking about commercial diesel trucks being replaced by electrical ones.
The EU has put a strict emission requirements with year 2050 being zero emission threshold if I am not mistaken. In Scandinavian countries, Tesla cars outsell Mercedes-Benz and BMW cars.
I believe there will be a drop in the global oil consumption in the near future.
The plastics sector is here to stay.
Since in the best scenario Somali offshore oil discoveries will start in about 6-7 years, we might come to a very different crude oil market from today's.
Also ExxonMobil has tight partnerships with Qatar in many gas and oil fields around the world. Since Turkey and Qatar are very close to each other, the US and Turkey might come to an amicable solution regarding the Somali oilfields.
I agree with you on the US being openly against the Chinese and Russian oil explorations in our waters. Though Italian Eni sold 30% of the giant Egyptian Zohr offshore gas field to Russian Rosneft. The US didn't stop the sale for some reason.
I believe the Somali situation will be similarly very fluid business-wise with players changing places, etc.
Let's hope Farmaajo doesn't f*ck up tomorrow and starts playing the 3d game maneuvering among big powers.