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Wednesday, May 24, 2017

Energy revolution is coming by 2030.

http://www.globaltimes.cn/content/1047725.shtml

China will start commercial mining of methane hydrates in South China Sea and the gas reserves may last up to 1000 years.  Extraction cost is estimated to be only USD$0.087 per cubic metre because no refinery is needed.  The crude oil industry will lose a BIG customer soon.

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