Source: BP Statistical Review of World Energy.

Crude Oil Production and Consumption, China, 1980-2009 (in 1,000 of barrels per day)

Up to the mid 1990s China was producing more oil than it was consuming, which permitted a level of energy self sufficiency. However, strong economic growth related to an export-oriented economy substantially increased demand. Additionally in the mid 2000s a rapid diffusion of the automobile further boosted oil demand. As of 2008 demand was about twice as much as production. The growing negative gap between production and consumption involves China importing oil from international markets. This additional demand is placing pressures on oil prices.

Home | Contents | Media | Glossary | Links | About | Contact | Purchase

Copyright © 1998-2012, Dr. Jean-Paul Rodrigue, Dept. of Global Studies & Geography, Hofstra University, New York, USA.
This material (including graphics) cannot be copied or redistributed, in whole or in part, in ANY FORM (printed or electronic) and on ANY MEDIA. For specific uses permission MUST be requested and the material must be cited.