China Surpasses the United States in Energy Consumption

In 2010, China passed the United States in amount of energy consumed in a year. The U.S. has held that spot since the early 1900's. Using oil as a standard unit of measuring energy, The U.S. used the equivalent of 2,170 million barrels of oil last year compared to China's 2,252 barrels. This was due to the economic recession hitting the U.S. much harder than China, causing less industrial activity and Americans to use less energy. Also because China's energy use has been growning swiftly in recent years. This means that many energy companies will be looking to China to grow their businesses.

http://content.usatoday.com/communities/greenhouse/post/2010/07/china-surpasses-us-in-energy-consumption/1

Alex Damske