Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (20158)	1/2/2005 6:34:08 PM
From: Raymond Duray	Read Replies (1) of 116555

*Re: China is the biggest oil importer in 2004 (?)* ]** Nonsense. The U.S. imports more oil than China consumes in total. From this chart: production.investis.com We discover that total Chinese consumption in 2003 was 275 mtoe of crude oil. U.S. consumption in 2003 was 914 mtoe of which approximately 540 mtoe was imported.

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