In a shift with potentially enormous strategic implications, China recently surpassed the US as the world’s largest net oil importer, as the US produces more and consumes less while Chinese demand steadily increases. US net oil imports have fallen from a peak of 13 million barrels per day in October 2006 to under 6 mmb/d in December 2012, according to a Citi research note issued February 28, titled “Milestones Toward US Energy Independence – Alert: US net Oil Imports Plummet to Second Place Behind China.”
Space Force celebrates 5th anniversary at growing Spacepower Conference
Our latest eBook offers updates on the Space Force and SPACECOM, showcasing the latest tech, and the challenges of modern space operations.