Showing posts with label Natural Gas. Show all posts
Showing posts with label Natural Gas. Show all posts

Saturday, November 28

Cold in China...


Reports came in from Reuters that the Chinese Government have ordered 3 state owned gas companies to stock up their Natural Gas stockpile; while they look for crude oil based gas from importers. The US could capitalize on this and create jobs by pumping about oil from our own soil. Though I am not personally for domestic oil drilling, this could be a highly profitable venture for the government and a relief to the ever growing deficit.

*Towngas of Hong Kong was not named directly, the logo only acts as a Chinese gas reference. Towngas provides 85% of the household gas in the territory.