Thursday, April 14, 2011

China Just Gave You Another Big Reason To Be Bullish On Energy

by Gregory White

China just reported a year-over-year 13.41% surge in power demand in March, according to China Daily. For the first three months of 2011, demand increased an equally impressive 12.72%.

This is a sharp pick-up after growth fell to a 5.4% late last year.

And a reminder if you're wondering how that energy is being made, it remains largely a fossil fuel story.
From the EIU:
Chart


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