1. China and Energy Security
Crude oil consumption is the most rapidly growing one among all of the energy sources. ... With such a huge demand for energy, China no longer could count on domestic production to meet all of its demand so in 1993 China started to become a net importer of oil products and since 1996 it has been a net importer of crude oil. As of 2009, China is the second largest consumer of oil in the world behind the United States and is the second largest importer of oil in the world7. Although China consumes a lot of oil, its coal consumption is even greater. ... China Petroleum Corp. has also spent $1.5 b...
- Word Count: 1955
- Approx Pages: 8
- Has Bibliography
- Grade Level: Undergraduate