EIA: China is now the world’s largest net importer of petroleum and other liquid fuels
Green Car Congress
MARCH 26, 2014
The rise in China’s net imports of petroleum and other liquids is driven by steady economic growth, with rapidly rising Chinese petroleum demand outpacing production growth. US total annual petroleum and other liquids production is expected to rise 31% between 2011 and 2014 to 13.3 Click to enlarge. million barrels per day.
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