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Chinese_storage_facility

As Consumption Grows, China Stockpiles Oil Reserves

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Poster: xcel (see this users gallery) The U.S. isn't the only global power importing more and more of its oil every year. China's explosion in population—and demand for oil—has turned a country that once satisfied its own petroleum needs into one that imports half its supply. China faces a problem familiar to Americans—dependence on foreign energy sources becoming a national security concern—and the Chinese government has responded by emulating the U.S. and building a huge reserve of petroleum. In the meantime, with crude prices low, the U.S. is looking to do the same and is setting its sights on expanding its 700 million-barrel supply.
· Date: Thu January 8, 2009 · Views: 4714 · Filesize: 68.5kb · Dimensions: 310 x 170 ·
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Keywords: Oil storage facility in Zhejiang Province eastern China - www.CleanMPG.com
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