The US is going all in on the doomed oil and coal economy, and going to continue to use the pursuit of oil as a cause for war, until its too weak to do so. Meanwhile the PRC and countries allied to it are transitioning to the green energy future: solar, wind, nuclear fission and fusion.
The long-term trend will be that the countries that are able to harness more energy, will outpace those that don't. So soon it'll be the US and Europe playing catchup to Asia, Africa, and Latin America.