South China Sea Boils Over?

It is often said that “money is the root of evil,” and when oil money is an issue, evil will capture the heart and soul of those seeking to control it. China regards this area as its private domain, particularly since oil reserves are now proven to exist. Unfortunately, nations like Thailand, Vietnam, and the Philippines also have cast eyes on the region and dollar bills dance in their minds. Secretary of State Hillary Clinton just signed a declaration with her Philippine counterpart, Albert del Roasario, in which both nations pledge to protect interests in the South China area.

Many nations want oil in the South China area. How about organizing a joint economic development corporation which would allow all with interests to      develop  oil reserves and share in its profits? Everyone gets richer and no one  has to fight a war.