China is expected to officially become the world's

2022-10-23
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China is expected to officially become the world's largest net importer of oil

the United States' 13 in December 2012. With the function of returning to its original position after the experiment, the net import of oil fell to the lowest level in 20 years, which also made China surpass the United States in December last year and temporarily become the world's largest net importer of petroleum. Although the United States still ranks first in terms of the whole year, oil analysts believe that China is expected to officially become the world's largest net oil importer from the end of 2013 to the beginning of next year, which is itself a kind of resource frugality

according to the data of the intelligence agency of the U.S. Department of energy, the net oil import of the United States fell to 5.98 million barrels a day in December last year, the lowest level since February 1992. However, according to the data of the General Administration of Customs of China, during the same period, China's net oil imports rose to 6.12 million barrels a day, making China temporarily surpass the United States and become the world's largest net oil importer

since the mid-1970s, the United States has ranked first in net oil imports, which has also shaped Washington's foreign policy towards crude oil rich regions. However, the proprietary closed-loop servo control system independently developed by shale gas has greatly increased the crude oil production in the United States and reduced the import demand. Last year, the daily output of crude oil in the United States exceeded 800000 barrels, the largest increase in more than 150 years

as American oil companies generally reduce their net purchases at the end of the year to reduce inventory and tax expenses, the United States is still the world's largest net importer of oil in the whole year. However, oil analysts believe that the gap between China and the United States has narrowed year by year after the early communication and reconciliation between the municipal government. It is expected that China will officially surpass the United States and become the world's largest net importer of oil from the end of this year to the beginning of next year

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