• 3 minutes Is Pete Buttigieg emerging as the most likely challenger to Trump?
  • 5 minutes Can LNG Kill Oil?
  • 8 minutes Question: Why are oil futures so low through 2020?
  • 11 minutes Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 15 mins “The era of cheap & abundant energy is long gone. Money supply & debt have grown faster than real economy. Debt saturation is now a real risk, requiring a global scale reset.”"We are now in new era of expensive unconventional energy
  • 2 hours CoV-19: China, WHO, myth vs fact
  • 12 hours Question - What if there are no buyers for Chevron's Appalachia Assets?
  • 1 hour Blowout videos
  • 1 day OIL trades as if the virus is a 1 quarter event. As if it's Containable, Reversible and Temporary. Is it ?
  • 2 days Hey NYC - Mayor De Blasio declares you must say goodbye to fossil fuels. Get ready to freeze your Virtue Signaling butts off.
  • 7 hours Natural Gas
  • 1 day Energy from thin air?
  • 2 days Foxconn cancelled the reopening of their mfg plants scheduled for tomorrow. Rescheduled to March 3rd. . . . if they're lucky.
  • 2 days Fast-charging, long-running, bendy energy storage breakthrough
  • 10 hours Cheap natural gas is making it very hard to go green
  • 1 day Coronovairus, Phase One Agreement, Lower for Longer
Why The World’s Top Oil Traders Are Going Green

Why The World’s Top Oil Traders Are Going Green

Oil traders, however, seem to…

Short Selling In Oil Slows After Initial Coronavirus Panic

Short Selling In Oil Slows After Initial Coronavirus Panic

Money managers continued to liquidate…

China Ups Ante in Trade War with US

China Ups Ante in Trade War with US

China’s Commerce Ministry has reaffirmed an earlier decision stating that six US renewable energy projects are in violation of World Trade Organization rules, setting the stage for legal action against US solar and wind manufacturers. 

This is part of the tit-for-tat renewable energy trade war between the US and China (and, increasingly, Europe), which began last year when the Coalition for American Solar Manufacturing (CASM), led in the US by Germany’s SolarWorld, filed a complaint with the WTO against alleged Chinese dumping of solar panels on the US market.

This resulted in the US Commerce Department slapping tariffs on Chinese solar imports and later a response by SolarWorld in Europe, which has filed similar complaints with the European Union against Chinese “dumping”.

China originally filed its petition based on initial findings in November 2011, right after CASM filed its complaint. Since then, it has been biding its time and reviewing its initial findings, which were reaffirmed this week.

China may now choose to impose tariffs on US goods or may use the situation to strengthen its bargaining position to force the US to reduce tariffs on Chinese goods.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage


Leave a comment
  • David on August 26 2012 said:
    So how many more years do we just talk as we continue to lose jobs and send huge quantities of money overseas. At some point we do need to act and tarrifs is a good option.
  • Lynn2go on August 26 2012 said:
    Will this power struggle ever end, or at least improve? This serves no other purpose than to increase tension and distrust between our countries, when what we should be doing is negotiating and trying to become more amiable with our surrounding countries. Competition is always good for our economy, but this is not the way to go about it! This power struggle with other countries is also driving up prices, in enormous proportions; and not just gas prices, but prices everywhere.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News