September 18, 2019

THANKS TO FRACKING, IT’S NOW CHINA THAT DEPENDS ON THE FREE FLOW OF MIDEAST OIL: China Losing $97 Million a Day Due to Attacks on Saudi Arabia Oil Facilities. “China became the world’s largest oil importer in 2017 and imports hit a record 9.85 million barrels per day (bpd) in August, up 9.6 percent from the prior year.”

Plus, the U.S. Navy used to have to keep the straits of Hormuz open. Now it only has to be able to close them.

Related: Saudi oil attacks didn’t spark a U.S. fuel crisis. Thank Texas.

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