China reduces oil dependent risk (imports from middle east countries) for electricity generation:
In 2025, oil and gas remained significant but decreasing components of China's primary energy mix, with renewables rapidly growing; coal still dominated electricity, but its share declined as clean sources met most new demand, while China boosted domestic oil/gas output and reduced fossil fuel use overall, shifting towards a more diversified, lower-carbon system by mid-decade.
In 2024, China imported 11.1 million barrels of crude oil per day.
Russia shipped nearly 2.2 million barrels per day (b/d), making it the largest single exporter of crude oil to China.
( https://www.visualcapitalist.com/chinas-crude-oil-imports-by-country/ )
China's oil and natural gas production has shown robust annual growth for several consecutive years, driven by a national strategy to enhance energy self-sufficiency and reduce reliance on imports. In 2024, China's domestic production reached 213 million tonnes of crude oil and 246.4 billion cubic meters of natural gas. This was the first time that China's total oil and gas output exceeded 400 million tonnes of oil equivalent.
China has significantly built up its crude oil reserves, with estimates placing total strategic and commercial stockpiles between 1.2 and 1.3 billion barrels as of late 2025, roughly two months of national demand, with significant storage capacity remaining.
https://discoveryalert.com.au/china-oil-stockpiling-strategic-reserve-framework-2025/ )
https://ember-energy.org/latest-insights/china-energy-transition-review-2025/
Ukraine came out and said Navalny's death wasn't in fact Putin (as Biden and the US Policy makers were so quick to decry)! David & Elizabeth react to the news in this short reaction video!
This class was taught LIVE on November 8, 2023, at 06:00 PM CT (-6GMT)
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