This paper analyzes the current and prospective implications of Asia's energy consumption revolution for regional stability. Adopting a comparative and historical approach, I argue that Japanese energy security anxieties worked to reinforce regional alignment patterns in East Asia for nearly two decades following the Shanghai communiqué, thereby strengthening regional stability. Conversely, the post-Cold War period has seen in China and India's rise the emergence of Asian energy super-consumers that are not formally aligned with the United States, but that are increasingly dependent on imported energy supplies to fuel their industrialization. This newfound dependence on energy imports has seen both countries follow Japan's longstanding example in securitizing energy as a policy issue. In the context of an already more contested Asia, this trend towards energy securitization has aggravated regional tensions and will continue to do so unless greater efforts are undertaken bilaterally, regionally and globally to foster more effective forms of energy cooperation.