Baton Rouge Post
BatonRougePost.com Saturday 31st July 2010 Edition 2010/307
  • More Breaking Business News

  • Spain unemployment double EU average
  • BA fails to make profit in second quarter
  • Islamabad crash plane had no technical fault: Airblue CEO
  • $718 million deposits at LibertyBank seized by state regulator
  • Cowlitz and Bay Bank branches in Washington and Oregon closed
  • Coastal Community and Apalachicola State Bank closed
  • Centennial Bank takes over troubled Bayside Savings Bank
  • NorthWest Bank and Trust is terminated
  • Wall Street withstands lower GDP figure
  • Terminal 3 opened at Indira Gandhi International Airport
  • June quarter GDP comes in lower than expected
  • Google returns its servers to China
    Get Breaking Business News headlines emailed to you daily.

    Astonishing oil demand by China
    Baton Rouge Post
    Saturday 13th March, 2010  


    The International Energy Agency has described China's increasing demand for oil as
    The International Energy Agency has said that China’s 28% increase in demand for oil from last year is “astonishing”.

    The agency has added that rising demand for oil will come mainly from developing countries, with half of the growth in demand coming from countries in Asia.

    The IEA has increased its global oil demand forecast to 86.6 million barrels a day (up 0.3%).

    The IEA said that, due to “heightening of geopolitical tensions affecting some producing countries” the oil price had on Friday reached its highest level in three months, $83 per barrel.

      Email this story to a friend

    Comments on this story

    By Anonymous, 03-13-10, 12:40 PM

    China oil demand is soaring

    There was one subject which was overlooked. The governments of the SE Asian countries may be asking for the RECIPE OF DISASTERS for themselves. The natural gas projects in Southeast Asian countries like Indonesia, Vietnam, Malaysia, Thailand, Cambodia, and the Philippines may have had secretly hosted the US military’s ambitious plan to expand its high-energy EMF atmospheric incinerator weapons in the Asia-Pacific area for creating artificial weather disasters as well as earthquakes and many military applications. Four of the blocks in Indonesia belonging to Conoco Phillips are located offshore, the South Natuna Sea Block B PSC, the Amborip VI PSC, the Kuma PSC and the Arafura Sea PSC. The three onshore PSCs are the Corridor Block PSC and the South Jambi âBâ PSC, both in South Sumatra, as well as the Warim PSC in Papua. Malampaya Gas Field in the Philippines - The field is connected to the shore terminal and on-shore gas facility in Tabangoe, Batangas rovince on Luzon Island, through which the field fuels three power plants totalling 2,700MW (19 % of the country’s total installed capacity). The field is believed to contain more than 4.3 TCF of gas. Ratchaburi Gas Company Limited (called
    By Anonymous, 03-13-10, 12:46 PM
    Ratchaburi Gas Company Limited (called Ratchaburi Gas), a subsidiary, which is a shareholder of Tri Energy Company Limited (called TECO), together with Texaco (of Conoco Phillips) Thailand Energy Company I (called TTEC) has gas fields in Thailand.
    By Anonymous, 03-13-10, 12:46 PM
    The Guntong E platform with Exxon holding a gas production-sharing contract with Malaysian state oil firm Petronas is another site.
    By Anonymous, 03-13-10, 12:47 PM
    The 400-km pipeline in Vietnam, 246 km of which will be under the sea, will transport 6.4 billion cubic metres of natural gas annually from blocks B, 48/95 and 52/97 in Vietnam’s southwestern waters to power plants in Can Tho city’s O Mon complex.
    By Anonymous, 03-13-10, 12:50 PM
    (The International Energy Agency has said that Chinaâs 28% increase in demand for oil from last year is astonishing. ) It is funny they only point their fingers at China this China that China. Nothing was mentioned about the US demand (looting with bomb threats) for oil. China bashing has become big fashion as big business for the mainstream media. Hear no evil, see no evil, say no evil.
    By Anonymous, 03-13-10, 12:54 PM
    There was one subject which was overlooked. The governments of the SE Asian countries may be asking for the RECIPE OF DISASTERS for themselves. The natural gas projects in Southeast Asian countries like Indonesia, Vietnam, Malaysia, Thailand, Cambodia, and the Philippines may have had secretly hosted the US military’s ambitious plan to expand its high-energy EMF atmospheric incinerator weapons in the Asia-Pacific area for creating artificial weather disasters as well as earthquakes and many military applications. Four of the blocks in Indonesia belonging to Conoco Phillips are located offshore, the South Natuna Sea Block B PSC, the Amborip VI PSC, the Kuma PSC and the Arafura Sea PSC. The three onshore PSCs are the Corridor Block PSC and the South Jambi âBâ PSC, both in South Sumatra, as well as the Warim PSC in Papua. Malampaya Gas Field in the Philippines - The field is connected to the shore terminal and on-shore gas facility in Tabangoe, Batangas rovince on Luzon Island, through which the field fuels three power plants totalling 2,700MW (19 % of the country’s total installed capacity). The field is believed to contain more than 4.3 TCF of gas. Ratchaburi Gas Company Limited (called Ratchaburi Gas), a subsidiary, which is a shareholder of Tri Energy Company Limited (called TECO), together with Texaco (of Conoco Phillips) Thailand Energy Company I (called TTEC) has gas fields in Thailand. Ratchaburi Gas Company Limited (called Ratchaburi Gas), a subsidiary, which is a shareholder of Tri Energy Company Limited (called TECO), together with Texaco (of Conoco Phillips) Thailand Energy Company I (called TTEC) has gas fields in Thailand. The Guntong E platform with Exxon holding a gas production-sharing contract with Malaysian state oil firm Petronas is another site. The 400-km pipeline in Vietnam, 246 km of which will be under the sea, will transport 6.4 billion cubic metres of natural gas annually from blocks B, 48/95 and 52/97 in Vietnam’s southwestern waters to power plants in Can Tho city’s O Mon complex. (The International Energy Agency has said that Chinaâs 28% increase in demand for oil from last year is astonishing. ) It is funny they only point their fingers at China this China that. Nothing was mentioned about the US’s demand for oil. China bashing has become big fashion as big business for the mainstream media. Hear no evil, see no evil, say no evil.
    By Anonymous, 03-13-10, 01:19 PM
    IT IS UNNECESSARY FOR THE US GOVERNMENT OF THE BANKING ROBBER BARONS TO HAVE ANY OIL OR NATURAL GAS IN THE US. JUST INVADE FOREIGN COUNTRIES USING THE US MILITARY OR WITH USD FIAT PAPER MONEY BUYING OFF FOREIGN SUCKER GOVERNMENTS WHO ARE TOO STUPID TO THINK. (GIVE THE SUCKERS MORE BEER, MORE ENTERTAINMENT, MORE SPORTS TO GET THEM MORE SUCKED IN.) THEN *SELL SOMETHING YOU DON’T OWN* THE OIL AND NATURAL GAS TO THE COUNTRY/COUNTRIES WHERE THE OIL AND NATURAL GAS ARE LIKE THEY ALL BELONG TO *US* THE US GOVERNMENT OF THE BANKING ROBBER BARONS. LISTEN UP, CHINA!, SAYS THE ROBBER BARONS. YOU BETTER ENSLAVE YOURSELF TO US BY PRODUCING MORE AND MORE PRODUCTS AND SERVICES. WE DON’T MIND YOU GET SUCKED IN BELIEVING YOU ARE IN CONTROL. WE WILL *SELL* *OUR CONQUERED* OIL AND NATURAL GAS TO YOU ASIAN SUCKERS. CHINA, IF YOU WANT TO BUY THE OIL AND NATURAL GAS THAT WE STOLE, MAKE SURE YOU HAVE ENOUGH OF OUR JUNK USD FIAT PAPER MONEY TO BUY THEM. CHINA, IF YOU DON’T HAVE ENOUGH OF OUR JUNK PAPER MONEY, YOU WILL NEED TO EXCHANGE THE GOODS AND SERVICES YOU HAVE SWEATED FOR DECADES FOR OUR JUNK PAPER MONEY IN ORDER TO BUY THE OIL AND NATURAL GAS WE HAVE STOLEN. (EXCERPTS FROM THE BANKING ROBBER BARONS)
    By Anonymous, 03-13-10, 01:29 PM
    YOU ASIAN SUCKER GOVERNMENTS. WHY ARE YOU SO DUMB? CAN’T YOU SEE WHAT WE ARE DOING TO YOU? WE ARE SCREWING YOU REAL BAD AND YOU DON’T KNOW IT. OH, NEVER MIND GO ENJOY MORE BEERS, MORE ENTERTAINMENTS, MORE SPORTS, MORE SOAP OPERAS. WE ARE PLAYING YOU ASIAN SUCKER GOVERNMENTS TO FIGHT EACH OTHER (DIVIDING YOU SUCKERS AND CONQUERING AT THE SAME TIME). WHILE ALL OF YOU ASIAN SUCKER GOVERNMENTS FIGHT EACH OTHER, WE WILL COME TO YOUR COUNTRIES TO PRETEND WE ARE ON YOUR SIDES AS WE DRILL THE OIL AND NATURAL GAS AND HELP OURSELVES WITH THEM. WE WON’T MIND YOU SUCKERS THANKING US FOR SCREWING YOU. (EXCERPTS FROM THE US BANKING ROBBER BARONS)
    By Anonymous, 03-13-10, 02:00 PM
    NOW EVERYBODY LISTEN UP! EVERYBODY SHUT UP AND LISTEN UP WILL YA. WE ARE THE MASONS YOU CAN CALL US THE BANKING ROBBER BARONS WHO HAVE HAD ROBBED EVERY SINGLE COUNTRY IN THE WORLD INCLUDING THE AMERICAN PEOPLE SINCE THE CREATION OF MAN. VIETNAM IS OUR LATEST WHORE. WE SCREWED THE VIETNAMESE GOVERNMENT IN AND OUT AND THEY DON’T KNOW IT. THIS VIETNAMESE SUCKER GOVERNMENT EVEN THANKED US FOR SCREWING THEM AS WELL AS THEIR OWN PEOPLE. WE ARE GIVING THEM GMO SEEDS AND GMO FOOD FOR THEM TO SCREW UP THEIR FOOD CHAIN AS WELL AS SCREWING UP THEIR BODIES. IN RETURN, WE GAVE THEM OUR JUNK USD PAPER MONEY TO KEEP THEM SMILING AS WELL AS FOR THEIR OIL, NATURAL GAS, AND SO ON. WE ARE NOT GOING TO LIST THEM ALL. IT IS JUST TOO MUCH. IN FACT, WE ARE GETTING SO FULL OF THEM THAT WE HAVE HAD TO CALL IN OUR WAITERS FROM KOREA AND JAPAN TO HELP US SCREW THEM. YOU KNOW SOMETHING? THIS VIETNAMESE SUCKER GOVERNMENT AND TOO MANY OF THEIR POEPLE EVEN WORSHIP US AS THEIR GODS BECAUSE OF OUR USD JUNK PAPER MONEY. WHAT A BUNCH OF MORONS SUCKERS!
    By INFIDELS, 03-24-10, 05:33 AM

    fucking muslim terrorists

    Stop using oil and go see Allah.

    Have your say on this story

    Your nickname (optional)
    Message title
    Message