23 Sep '12, 9am

Tech Talk - conclusions on the Chinese energy situation

It is this halt in the increase in oil production that is, perhaps, of the most concern to China (as well as the rest of us), since, while it can be shown that China has been able to provide for its future intermediate-term demand for natural gas and coal , they must have less confidence in their ability to sustain their growing demand for oil. The presumptive reason for that lack of confidence should come from a realistic assessment of their growth in demand, relative to the supply and demand scenarios for the rest of the world, Figure 1 playing some part in that realistic analysis. The disagreements between China and Japan over island ownership in the China Sea is continuing to roil the waters . While the issue is nominally over who owns the Diaoyu/Senkaku Islands , the aggressive position that China is taking not only here, but also with other nations that border on the...

Full article: http://www.theoildrum.com/node/9502

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