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The Big Energy Shift

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Another milestone in China’s emergence as the world’s largest foreign energy consumer has been reached, with Chinese data indicating it has now become the largest net importer of oil. Amid the emergence of the United States as an energy superpower, China reportedly imported a net 6.12 million barrels of oil per day (bpd) last December, exceeding for the first time U.S. net imports of 5.98 million bopd.

Read Here – The Diplomat


Filed under: Energy Tagged: Barack Obama, China, Chinese, crude oil imports, December, deep sea exploration, Diplomat, Energy, energy security, energy sufficiency, Energy superpower, fracking, India, Middle East, shale gas, United States

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