{"id":36655,"date":"2018-08-14T09:06:46","date_gmt":"2018-08-14T14:06:46","guid":{"rendered":"http:\/\/olduvai.ca\/?p=36655"},"modified":"2018-08-14T09:06:46","modified_gmt":"2018-08-14T14:06:46","slug":"peak-oil-in-china-and-the-asia-pacific-part-2","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=36655","title":{"rendered":"Peak oil in China and the Asia Pacific (part 2)"},"content":{"rendered":"

Peak oil in China and the Asia Pacific (part 2)<\/a><\/h3>\n

South China Sea: \u2018Leave immediately and keep far off\u2019<\/strong><\/p>\n

\n

\"US-Poseidon-over-Zhubi-Reef_Aug2018\"<\/p>\n

Fig 1: U.S. Navy P-8A Poseidon reconnaissance plane overflying disputed Spratly islands<\/p>\n

11\/8\/2018
\nhttps:\/\/www.youtube.com\/watch?v=dodbqgKn8js<\/a>
\nhttps:\/\/www.bbc.co.uk\/news\/av\/world-asia-45152525\/south-china-sea-leave-immediately-and-keep-far-off<\/a><\/p>\n

\"Spratly-islands\"<\/p>\n

Fig 2: Subi reef location in the South China Sea<\/p>\n

\"Subi_12_07_17_STITCHED_wm\"<\/p>\n

Fig 3: CSIS image of Subi reef low tide elevation (976 acres reclaimed).\u00a0https:\/\/amti.csis.org\/subi-reef\/<\/p>\n

\"Estimated_undiscovered_resources_South_China_Sea_USGS\"<\/p>\n

Fig 4: USGS 2010 assessment of undiscovered oil resources
\nhttps:\/\/pubs.usgs.gov\/fs\/2010\/3015\/pdf\/FS10-3015.pdf<\/p>\n

According the USGS there is not much oil in the South China Sea. China is securing its oil supply routes as future oil imports are going to increase after production peaked 2010-2015.<\/p>\n

\"China_oil_production_vs_consumption_1965-2017\"<\/p>\n

On average, Chinese oil\u00a0consumption grew exponentially (!) between 1982 and around 2010 at 6.5% pa. In some years, there were huge variations around this trend. For example in 2004 oil consumption increased by almost 1 million barrels\/day, 500 kb\/d above the long term trend. This spike was caused by additional fuel oil needed for back-up power generators as there were wide spread power shortages. In the following (Katrina) year 2005 consumption growth dropped to just 150 kb\/d as fuel shortages started.<\/p>\n

\"China_Petrol_Shortages_August2005\"<\/p>\n

Smoke and Mirrors in China\u2019s Oil Statistics<\/strong>
\nJune 2008
\nIn recent years, oil product shortages in China have frequently caught the attention of the world. In August 2005, China\u2019s southern manufacturing heartland of Guandong was plagued by closed service stations, fuel rationing and hours-long gas queues, and authorities were forced to send thousands of police to petrol stations in Guangzhou to prevent massive social unrest as drivers scrambled to fill their tanks (Wall Street Journal, August 19, 2005). In May 2006, a diesel shortage hit Guangdong again and lasted for half a month until a 270,000 ton emergency stock of gasoline and diesel fuel were allocated to the local market by China National Petroleum Corporation (CNPC) and China Petroleum and Chemical Corporation (Sinopec) (Xinhua News Agency, May 23, 2006).\u00a0<\/em><\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n

 <\/p>\n

 <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Peak oil in China and the Asia Pacific (part 2) South China Sea: \u2018Leave immediately and keep far off\u2019 Fig 1: U.S. Navy P-8A Poseidon reconnaissance plane overflying disputed Spratly islands 11\/8\/2018 https:\/\/www.youtube.com\/watch?v=dodbqgKn8js https:\/\/www.bbc.co.uk\/news\/av\/world-asia-45152525\/south-china-sea-leave-immediately-and-keep-far-off Fig 2: Subi reef location in the South China Sea Fig 3: CSIS image of Subi reef low tide elevation (976 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[34,130,6292,588,617],"class_list":["post-36655","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-asia","tag-china","tag-crude-oil-peak","tag-oil","tag-peak-oil"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36655"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36655\/revisions"}],"predecessor-version":[{"id":36656,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36655\/revisions\/36656"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}