The Next Chinese Energy BoomBy Karim Rahemtulla
China has a massive problem…
In an effort to reduce pollution, the country is slowing its crude oil consumption and switching to natural gas instead.
But if the current trend holds, China will be forced to pay a heavy price for its newfound environmental conscience.
Why? Simple supply and demand…
China’s natural gas production has fallen well short of its projections. And consumption is far exceeding its production rate.
Needless to say, that’s a recipe for energy disaster… for China, at least.
It means the country will need to import more natural gas.
Source: Wall Street Daily
http://www.thetradingreport.com/2014/09 ... ergy-boom/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"