china energy

Import Addict: China's Pending Energy Crisis

And you thought we were dependent on foreign oil. China's nearly double-digit growth has become the envy of the world's mature economies, but all that expansion requires fuel. As a result, China is now a net importer not only of oil, but of coal as well. And the trends in Chinese energy consumption don't appear to be turning around anytime soon.

Gasoline: $3 by Christmas and Worse in Spring?

The U.S. has never had $3-a-gallon gas at Christmastime, reflecting the fact that gas prices typically get lower as the days grow shorter. This year may be quite different, thanks to events from Canada to China. And some analysts think prices will really heat up in spring.