Date: 2025-06-24 Page is: DBtxt003.php txt00026155
CHINA
ENERGY SUPPLY CRISIS
Money Builders: China's CATASTROPHIC Oil & Gas Problem
ENERGY SUPPLY CRISIS
Money Builders: China's CATASTROPHIC Oil & Gas Problem
Original article: https://www.youtube.com/watch?v=7SXmPhpnmUE
Peter Burgess COMMENTARY
Peter Burgess
Money Builders
26.1K subscribers ... 139,986 views ... 2.3K likes
Jan 8, 2024
China is facing a major crisis. They're running out of oil, and even the Chinese government's own numbers confirm this. China only has about a month's worth of oil left in their reserves, but they consume tons of it, second only to the United States.
So, in this video we'll talk about why China doesn't have much oil saved, why it's concerned about other countries limiting its access to oil, and what China is doing to deal with this problem.
Transcript