KerrTexas Posted February 11, 2006 Share Posted February 11, 2006 China's thirst for oil gets into top gear """China's thirst for oil gets into top gear China is not the biggest oil consumer in the world, that prize goes to America, nor is it the biggest importer - which is also the USA. What China outdoes the rest of the world at is the growth of its appetite. Ten years ago China imported no oil at all. Last year it overtook Japan to become the world's second biggest importer. Its thirst continues to grow. Imports are expected to rise another 40% this year. China's appetite for oil shows no sign of slowing. Today China has 10 million private cars - by 2020 that number will be 120 million.""" Hmmmm..a factor to be considered. Link to comment Share on other sites More sharing options...
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