China's demand for oil causes worries worldwide (must read)

[cthrumatrix]

China's demand for oil causes worries worldwide

The Dallas Morning News


BEIJING - (KRT) - What is China's greatest economic challenge?

"Energy supply. Especially oil supply," said Huang Fanzhang, vice chairman of the China Reform Forum.

Huang is a respected Chinese economist who writes reform proposals for the People's Congress. We'd talked of many problems, but he chose oil as the most critical.

Today there are 10 million cars on China's streets and freeways. In 15 years, there will be 120 million.
snip

http://www.sunherald.com/mld/sunherald/news/world/11275669.htm

Okay...let's see...we are at/or about maximum oil production for our world and China will increase auto use by a factor of "12" in 15 yrs.

We have a problem.

[mhr]

1. That Would Be - "Houston, We Have A Problem!"

I just love irony!

[Spider Jerusalem]

2. Not only do "we" have a problem, so do THEY...

they AREN'T going to have 120 million cars in 10 years, for one thing...no fuel = no cars. Simple equation there.

[cthrumatrix]

3. They are still building the roadways --- larger than the US could imagine

T Boone Pickens said they would use 1 billion barrels of oil just to buildout their roads

[megatherium]

5. They are a lot more vulnerable to an oil crisis than we are.

The Chinese hosted the latest Bibendem (sp?), which is an annual show of alternative fuel vehicles. The Chinese are hoping practical electric vehicles will become available. The Chinese combine aggressive capitalism with state control; they might be able to make it happen. Per Wired magazine, April 2005.

[cthrumatrix]

7. LOL....the US is 10 times more vulnerable

we are 5% of the worlds population and use 25% of the worlds annual oil output..

They would survive just by staying where they have been the past several decades.

[megatherium]

12. The Chinese now use more oil than Japan.

Their demand is increasing 4% per year. They certainly haven't been "where they are the past several decades" -- their economic growth has been absolutely astounding in the past two decades.

Also, they have fewer military options to secure an oil supply than we do. It pains me to speak in those terms, but there it is. If something happened to the Saudi oil, we happen to be in a position to basically grab the Saudi oil fields. Our ineptitude in Iraq shouldn't be allowed to obscure the fact that we are prepared to do this and have been expecting the eventual need to do this for some time. I personally don't support use of military force to steal other peoples' natural resources, but our leaders will have no such compunction.

[Massacure]

26. We produce a lot of goods though.

Per Capita, Europe uses only about half the energy the U.S. does.

[Wright Patman]

4. If you're a typical Dallas News reader

in the godforsaken 'burbs which surround that desolate city on the paved-over blackland prairie, you ask "then why haven't we nuked them back to the pre-industrial age yet?" Everyone knows all the oil on the planet was put there by Gawd for His Blessed Nation of America. USA! USA! USA!

Then, if you have a higher IQ than is typical for the region, you begin to think of your last trip to Wally World or wherever to purchase "consumables" and the two remaining brain cells begin to fire in your fundy brain. And you gasp, "Oh ... My ... Gawd!"

[megatherium]

6. If you're a typical fundy, you're thinking the end times are near. / nt

[southernboy]

21. but when are the Cowboys going to start winning? n/t

[farmbo]

8. Beware...this "China's Demand" theme is a RW cover story...

To 1) deflect blame from the Bush Administration for creating a perfect storm of supply problems (Iraq production declines, no new US refinery capacity), and 2) to justify drilling in ANWAR, offshore and anywhere else they please.

[spooked911]

9. It's an undeniable fact that China has a huge and growing

appetite for oil.

Of course we shouldn't use this fact as an excuse for the actions of the Bush administration.

The reason there is no new refinery capacity is no one is building refineries due to the imminent problem of dwindling world oil spplies. This is not the Bush administration's fault. However, they could have done a lot more to help offset the coming oil crisis. In that regard, they have been tragically irresponsible.

[wildmanj]

10. demand for oil

and at 22 million barrels a day---could it be that the rest of the world is worried about the use of oil by the united states

[HereSince1628]

11. Interesting that contested oil fields off the coast of Vietnam

aren't mentioned...Sprately (SP?) Islands

[scarletlib]

13. What are we going to do?

We can't bomb them back into the stone age--they make everything we buy.

[LiberallyInclined]

14. It's not just the cars that use oil in china...think "plastics"-

China also uses A LOT of oil to make the plastic to make the shit they sell to us and everyone else in the world.

[AlCzervik]

15. They're also becoming one of the bggest buyers of copper and cement

due to their improving economy paid for by America.

[LiberallyInclined]

17. and steel and aluminum and scrap iron and other raw materials-

prices for most metals have been going through the roof...which amounts to a big wage increase for the homeless guys with shopping carts full of cans.

[AlCzervik]

22. Thats right but you never hear anyone talking about that

this country has really scewed the pooch.

[LiberallyInclined]

16. China is also trying to develop it's own strategic petroleum reserve-

just like we, and just about every other industrial nation has.
currently, china has less than a 30-day reserve- they want to build that to 90 days by 2015- when their daily usage will have possibly increased by a power of 12, meaning their reserve will have to be that much bigger.

http://www.energybulletin.net/2460.html

[Gregorian]

18. Instead of causing wars, maybe we should be

investing in our own future. Duh! It's a double whammy- now we're broke, and now the world wants us dead.
You know, I'm just a stupid citizen, but it doesn't take more than what i have to be aware. And for twenty years I've been saying "just wait until they (China) turn on their hot water". So now they are turning on their hot water.
We could have had better batteries, but the corporations bought the patents and sat on them. We could have had fusion, but the government cut the funding just as it was reaching it's zenith. We could have had photovoltaics that were sufficient to eliminate our dependency on petroleum, but ARCO (oh, I forget what ARCO did, but it effectively stopped pv progress). We could have had electric cars. We could have joined the world and been on the metric system. We could, we could have, we didn't. So this is where we are. And I warned everybody I came in contact with. I also have told everybody about overpopulation, and I am getting the same glare. I'm tired of foolishness. China is not foolish. They just don't embrace personal freedoms. With freedom comes choice. We chose comfort over brains.

[gasperc]

19. the big 3 we're drooling to sell vehicles in China

and the dunce caps never thought of the consequences to the demand on oil, BURNING THIER OWN BRIDGES TO THE suv LARGESS!!!!!!!!

[delete_bush]

27. China is the one doing the drooling...

A report in Detroit News said New York-based entrepreneur Malcolm Bricklin and Allen & Co, an investment banking firm, had recently signed the first-ever deal to import Chinese-built cars to America With the Chery Automobile Company based in China has recently signed a deal with Visionary Vehicles; a firm headed by Malcolm Bricklin.

Their goal, is to import up to 250,000 Chinese-made cars annually beginning in ’07, the report said. The cars, all-new models including two sedans and a sport utility vehicle, will be priced about 30% below competing models on the US market, especially when combined with 10 year or 100,000 mile warranties, comparable to if not better than many autos for sale in the US, today Mr. Bricklin was quoted as saying.

Coming soon to a Wallyworld near you!

[nolabels]

20. The story says nothing about "Houston"

I comes from the "The Dallas Morning News". You people are so confused


http://www.funny-funny-pictures.com/dp/1-546.htm

[4dsc]

23. the 3rd world war has started???

http://www.energybulletin.net/3961.html

You did not notice but the third world war started – it is the fight for dominance in oil and trade

by Balaji Reddy



You may think that the third world war would be a devastating one with nuke exchanges that will terminate the world, as we know in hours. No it did not happen. The cold war ended and other mini superpowers do not have the guts to launch the big one. You may think Osama and Al-Queda will create the problem. No they are right now running for cover. They got uprooted in Afghanistan proper and in Pakistan. There are little places where they can exert their menacing terrorism. That does not mean they are out of business. They just realized late last year – the third world war has started and they were fighting a wrong war with wrong ammunition called terror.

This new dangerous third world war is all on trade and energy resources. No country in the world can survive without viable and reliable source of energy without going back to cave ages. The farmers need energy, the factories need energy and in the developed world (who is really under developed these days?) you need energy to travel even a few blocks. At the same time nations also need to generate money to pay for the energy. Energy demand is rising rapidly as people in India and China wake up to the call of American dreams of good life and modern amenities. The Energy supply is stagnant if not declining because of various geopolitical situations and terrorism possibilities.

The third world war is about oil and trade. Three major blocks have emerged. The first is the Americans with some allies like Australia, Japan and so on. The second is BRIC (Brazil, Russia, India and China). The third is the European Union. The triangle of international politics is complex and a diplomatic challenge for all head of states.

[doodadem]

24. Oil companies have said that ANWAR oil quality

will only be good enough for sale to Asia. So there you go. Once again, all this push for drilling there, and we won't see a drop of it.

[cthrumatrix]

25. I hope the RW and fundies are aware of that