| ▲ | wilkommen a day ago | |
How is China reducing the consumption of transport fuels? Is that driven by changes in individuals' fuel consumption patterns or by a change on the industrial side? | ||
| ▲ | vannevar 21 hours ago | parent | next [-] | |
Another article from the other day contains this: And even more importantly, China has slashed its crude imports, turning instead to massive stockpiles. (https://www.cnn.com/2026/06/09/business/oil-strait-of-hormuz...) Sounds like they're burning through their reserves as well. But since China's economy is more centrally controlled, it's likely they keep bigger reserves. | ||
| ▲ | RetroTechie 21 hours ago | parent | prev [-] | |
China's agressive ramp-up of EVs has progressed to where it causes a noteable dent in gasoline demand. Which iirc peaked a while ago. Of course there's plastics & other uses. But China has gone big on renewables & battery tech as you know. It definitely helps. | ||