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CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are

 
mathetes
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11/27/2007 03:06 PM
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CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are causing huge queues of trucks, buses and cars.

In Kunming, capital of the southwestern province of Yunnan, 1000 trucks are stranded.

A truck driver named Li told the Chuncheng Evening News he had been stranded at the Stone Tiger Gate petrol station for three days after searching for fuel in other places, but failing. He said his delivery date was way overdue.

Another driver, at Geiju city, said a job that would have taken one day in the past, now took three: one on the road, two queuing for fuel.

Nine days ago, a truck driver was reported to have been stabbed to death in central Anhui province after a row about queuing.

A few days earlier, at Ezhou in Hubei province, 100,000 people were stranded, unable to get to work, because city buses had run out of fuel.

Beijing has been insulated from the headache, and the wealthy coastal provinces are mostly better stocked, because the refineries are nearby.

The problem would intensify as winter approached, and was starting to affect exports, warned the Commerce Ministry, since diesel was crucial for shifting products to ports.

The system is suffering from pressure of demand to sustain its economic growth at the current 11.5per cent - with China now the second-biggest consumer of oil after the US.

Diesel imports rose 46.5per cent in the first nine months of the year, compared with the same period last year.

The other cause of the supply-demand mismatch, is the stuttering transition from government-controlled prices to market pricing.

The Government wishes to graduate towards a system that allows prices to move with international markets.

But inflation is at a 10-year high of 6.5per cent and the Government is reluctant to let oil, a key input for distribution of all products, float free as yet.

The two companies that dominate petrol and diesel sales, Sinopec and PetroChina, are state-controlled but also listed on stock markets, highly competitive, and anxious to become even more market-driven. Both pledged this week to boost their imports, especially diesel.

As inflation began to accelerate this year, the Government announced it was capping the prices of key commodities it still controlled, including oil, until the end of the year.

But it relented under strong pressure from Sinopec, PetroChina and other oil refiners and distributors, and conceded a 10per cent rise from this month.

Even after the 10 per cent rise, the price remains well beyond international levels, and China has to import about half its oil, for which it must pay world prices.

[link to www.theaustralian.news.com.au]
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
and so it begins
User ID: 331971
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11/27/2007 03:14 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
Stone Tiger Gate...neat name for a gas station.
malu

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11/27/2007 03:16 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
very interesting

i think this will happen in the usa in the near future
"By way of deception, thou shalt do war."

Israel's Mossad

"The truth shall set you free."

U.S. Central Intelligence Agency Motto
Anonymous Coward
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11/27/2007 03:28 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
HAHA no it wont happen in the US you fuck wits our reserves are more vast than you know. The US WILL be the last with any oil mark my words and suck it hardcore.
Anonymous Coward
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11/27/2007 03:35 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
535 strikes again!
Anonymous Coward
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11/27/2007 03:35 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
HAHA no it wont happen in the US you fuck wits our reserves are more vast than you know. The US WILL be the last with any oil mark my words and suck it hardcore.
 Quoting: Anonymous Coward 2901


Doesn't matter if you have all the oil in the world, if you don't have the capacity to refine it.
Anonymous Coward
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11/27/2007 03:39 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
IMO: This will be the "hook in the jaw" that drags China and the kings of that region to the Middle East.
mathetes  (OP)

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11/27/2007 03:40 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
IMO: This will be the "hook in the jaw" that drags China and the kings of that region to the Middle East.
 Quoting: Anonymous Coward 331920

Could very well be!
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
malu

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11/27/2007 03:41 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
HAHA no it wont happen in the US you fuck wits our reserves are more vast than you know. The US WILL be the last with any oil mark my words and suck it hardcore.
 Quoting: Anonymous Coward 2901



another fine example of Bush off his medication
"By way of deception, thou shalt do war."

Israel's Mossad

"The truth shall set you free."

U.S. Central Intelligence Agency Motto
Anonymous Coward
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11/27/2007 03:41 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
HAHA no it wont happen in the US you fuck wits our reserves are more vast than you know. The US WILL be the last with any oil mark my words and suck it hardcore.


Doesn't matter if you have all the oil in the world, if you don't have the capacity to refine it.
 Quoting: Anonymous Coward 332347


Or, if the oil barons would just prefer to soak every drop of your blood and steal every penny you own instead.

Which is well within their power to do.
Anonymous Coward
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11/27/2007 03:47 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
can anyone dig up the 535 quote from yesterday about china and a timeline? i cant find it and if i remember it right it would freak me out
Anonymous Coward
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11/27/2007 03:49 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
HAHA no it wont happen in the US you fuck wits our reserves are more vast than you know. The US WILL be the last with any oil mark my words and suck it hardcore.
 Quoting: Anonymous Coward 2901



the US have reserves for about 10 years.....US gets most of his oil from other countries, like Canada and arabics nations...please dont post when u dont know what u are talking about thanks....
Anonymous Coward
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11/27/2007 03:50 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
IMO: This will be the "hook in the jaw" that drags China and the kings of that region to the Middle East.
 Quoting: Anonymous Coward 331920


Indeed.
mathetes  (OP)

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11/27/2007 03:53 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
HAHA no it wont happen in the US you fuck wits our reserves are more vast than you know. The US WILL be the last with any oil mark my words and suck it hardcore.



the US have reserves for about 10 years.....US gets most of his oil from other countries, like Canada and arabics nations...please dont post when u dont know what u are talking about thanks....
 Quoting: Anonymous Coward 332416

"US have reserves for about 10 years"

If your talking about the Strategic Petroleum Reserve
you are waaay off.
Current storage capacity - 727 million barrels
Current days of import protection in SPR - 56 days
(Maximum days of import protection in SPR - 118 days in 1985)
International Energy Agency requirement - 90 days of import protection (both public and private stocks)
(SPR and private company import protection - approx. 118 days)
[link to www.fossil.energy.gov]
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
malu

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11/27/2007 03:56 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
HAHA no it wont happen in the US you fuck wits our reserves are more vast than you know. The US WILL be the last with any oil mark my words and suck it hardcore.



the US have reserves for about 10 years.....US gets most of his oil from other countries, like Canada and arabics nations...please dont post when u dont know what u are talking about thanks....

"US have reserves for about 10 years"

If your talking about the Strategic Petroleum Reserve
you are waaay off.
Current storage capacity - 727 million barrels
Current days of import protection in SPR - 56 days
(Maximum days of import protection in SPR - 118 days in 1985)
International Energy Agency requirement - 90 days of import protection (both public and private stocks)
(SPR and private company import protection - approx. 118 days)
[link to www.fossil.energy.gov]
 Quoting: mathetes



hate to speak for someone else, but i think he is talking about proven reserves, still in the ground, that would be about right, except for the tar sands could extend that a bit
either way, it is refinery capacity that we are all lacking, and the EPA pretty much shut that industry down, and Nuclear

so here we are, get a bike or a horse
"By way of deception, thou shalt do war."

Israel's Mossad

"The truth shall set you free."

U.S. Central Intelligence Agency Motto
Eagle # 1
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11/27/2007 03:57 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
331920 .... YOU beat me to the punch ... almost !

THIS will be the SECOND major economic downturn, other than the sub-prime CDO/CMOs; BUT, on the OTHER side of the golbe, affecting the SECOND largest importer of oil and pitting US against THEM to obtain same.

THIS crisis could easily be what is needed to send the high-flying Hang Sang stock exchange DOWN, (as their economy implodes) with MOST Chinese having their savings FULLY invested in what they thought was an ' ever rising market', like the 1929 USA.

All historical government solution to HUGE homegrown problems ? WAR, as it always takes the peoples mind OFF the problem, with an even greater, more terrorifing problem; HOW to stay alive !

LOOK OUT FIAT ! Your days are NUMBERED !

Got gold/silver ? NO ? Didn't think so, grasshopper !

Eagle
bubba
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11/27/2007 03:57 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
ever heard uf Rice Rockets? Rice could make biodeisel
Anonymous Coward
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11/27/2007 03:59 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
332416 .... TEN YEARS ? For WHOM ? The military YES.
Anonymous Coward
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11/27/2007 04:00 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
I think I've got the solution!

Not enough oil, too many customers!

Solution?

nuke
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11/27/2007 04:00 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
sherlock
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11/27/2007 04:06 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
yeah well that doesn't account for all the oil haliburton still has capped and waiting in the ground to be pumped...thousands of wells scatter all throughout the North west.

don't believe in "peak oil" bullshit...there is more oil on the "western slope" than all that was ever in Saudi Arabia

why else haven't we switched to another fuel source...DUH, we are sitting on the golden egg while draining other countries dry...and making the citizens pay for it.

the war machine runs on oil
world economy is based on oil
oil barons run the world

China is being manipulated because of its lack of oil...or we are being led to believe they have none of it in all of their vast provinces...they may be holding out too for all we know.
mathetes  (OP)

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11/27/2007 04:13 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
yeah well that doesn't account for all the oil haliburton still has capped and waiting in the ground to be pumped...thousands of wells scatter all throughout the North west.

don't believe in "peak oil" bullshit...there is more oil on the "western slope" than all that was ever in Saudi Arabia

why else haven't we switched to another fuel source...DUH, we are sitting on the golden egg while draining other countries dry...and making the citizens pay for it.

the war machine runs on oil
world economy is based on oil
oil barons run the world

China is being manipulated because of its lack of oil...or we are being led to believe they have none of it in all of their vast provinces...they may be holding out too for all we know.
 Quoting: Anonymous Coward 323071

Talk about denial!
I'll leave you with a Saudi proverb from the early 80's

"My father rode a camel. I drive a car. My son flies a jet-plane. His son will ride a camel."
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Gradient
Get over yourself

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11/27/2007 04:13 PM

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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
Hey Math, where have you been??
coexistt


glptrainer(at)yahoo.com
Amaruca

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11/27/2007 04:14 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
simply put

the red dragon is running out of breath, hm?
"God" said, let us make man in our image.. IMPLYING genetic hybridization
"I awoke only to find, that the rest of the world was still asleep"
mathetes  (OP)

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11/27/2007 04:16 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
Hey Math, where have you been??
 Quoting: Gradient

Hey my friend! Finally back home from a looong Thanksgiving
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Webbot

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11/27/2007 04:17 PM

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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
US and A has 100 years of the good stuff capped in Alaska. Suck everyone else dry first before you use that.
Liberalism is a mental disorder.
Amaruca

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11/27/2007 04:18 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
yeah well that doesn't account for all the oil haliburton still has capped and waiting in the ground to be pumped...thousands of wells scatter all throughout the North west.

don't believe in "peak oil" bullshit...there is more oil on the "western slope" than all that was ever in Saudi Arabia

why else haven't we switched to another fuel source...DUH, we are sitting on the golden egg while draining other countries dry...and making the citizens pay for it.

the war machine runs on oil
world economy is based on oil
oil barons run the world

China is being manipulated because of its lack of oil...or we are being led to believe they have none of it in all of their vast provinces...they may be holding out too for all we know.
 Quoting: Anonymous Coward 323071

there ya go, yup. over 200 years worth for the U.S. in northern Alaska, 40 years worth in central Nevada and ass loads of shale in the Utah/Colorado/Wyoming/Montana area.
"God" said, let us make man in our image.. IMPLYING genetic hybridization
"I awoke only to find, that the rest of the world was still asleep"
Anonymous Coward
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11/27/2007 04:56 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
yeah well that doesn't account for all the oil haliburton still has capped and waiting in the ground to be pumped...thousands of wells scatter all throughout the North west.

don't believe in "peak oil" bullshit...there is more oil on the "western slope" than all that was ever in Saudi Arabia

why else haven't we switched to another fuel source...DUH, we are sitting on the golden egg while draining other countries dry...and making the citizens pay for it.

the war machine runs on oil
world economy is based on oil
oil barons run the world

China is being manipulated because of its lack of oil...or we are being led to believe they have none of it in all of their vast provinces...they may be holding out too for all we know.

there ya go, yup. over 200 years worth for the U.S. in northern Alaska, 40 years worth in central Nevada and ass loads of shale in the Utah/Colorado/Wyoming/Montana area.
 Quoting: Amaruca


Wow that plus the all elements over plutonium on earth may give you a few thousand years at present(!) consumption. Geez thank Godz that we don't need to think any further out than that.
Anonymous Coward
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11/27/2007 05:02 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
Well, golly gee, then they won't be able to go to work to make the stuff they sell us; and the factories won't even be able to run. wtf
We won't be able to live without them.
Guess there will be a shortage of all that stuff here.
Jeanne
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Germany
11/27/2007 05:03 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
Stone Tiger Gate...neat name for a gas station.
 Quoting: and so it begins 331971

uhh

Oil peak has arrived


Armageddon is now coming hiding
Jeanne
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11/27/2007 05:06 PM
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Re: CHINA is running out of fuel. Police are guarding petrol stations in several inland provinces to prevent fights, as shortages of petrol and diesel are
Hey Math, where have you been??
 Quoting: Gradient


Wonderful the End of this wrecked western civilation is near very near

Halleluja
hf





GLP