Now this, from Reuters: China -- June, 2019 -- crude oil throughput rises to record on new plants.
- year-over-year, up almost 8%;
- China's crude oil throughput at a record high last month (June, 2019); and,
- it's being reported day in and day out that the Chinese economy is slowing. Okay.
- it looks like the US might have hit an all-time high of 17.981 million b/d one year ago, August, 2018
- most recent data: first week, July, 2019: 17.438 million b/d]
- 3 million b/d
- 13 million b/d
- 23 million b/d
- 35 million b/d
- were supported by the start-up of two major new refineries
- both at 400,000-bpd
By the way, China's crude oil imports increased by 15% year-over-year, also .
China: helping make America great.
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