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Energy Procurement Blog
This blog comments on energy market fluctuations due to supply and demand issues. We focus primary on natural gas and electricity markets across North America. The intended use of this blog is to help make energy procurement decisions.
Viewing entries tagged LNG
by Paul Van Erem
Paul Van Erem
Paul Van Erem is the Director of National Sales and Marketing for Energy Managem
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on Tuesday, 06 December 2011
Natural Gas
What’s on the horizon that can and will affect our energy resources? Once again, we must turn our attention to China. Let’s face it – one fifth of the world’s population lives in China! Since it has become industrialized it is consuming more energy than ever before! Consider the following facts:
- By 2025, China will build TEN New York-sized cities!
- By 2030, China will add more new city-dwellers than the entire U.S. population.
- China already consumes twice as much steel as the U.S., Europe and Japan combined.
- China has more than 50 million vehicles on the road...