US status as net exporter of oil reminds China of energy disadvantage US status as net oil exporter reminds China of energy disadvantage
Illustration: Luo Xuan/GT While China’s imports of crude oil continue to set new records, the US has made a major shift, becoming a net exporter of crude and petroleum products for a full month for the first time in 70 years. The comparison highlights the urgency for China to accelerate adjustment to its energy strategy. …