There is one instructive universal historic fact: No president has left office with the country using less energy than when he was first inaugurated, although Bush (43) came close due to the recession.
As the biggest overall consumer of energy in the world, noone is in any doubt that China has to step up equity deals, both for security of supply, and more importantly, to hedge price risk exposure in future.
And in a year when oil prices were climbing, onehas to ask what was going on at oil explorer Japan Energy Corp. (No. 49) and refiner-distributor Idemitsu Kosan (No. 51).