"Oil and Gas Revolution" and China rub shoulders

The United States is experiencing a historic energy revolution. 1973 oil crisis occurred in the U.S. energy system vulnerability exposed, but this has become history, with the hydraulic fracturing and horizontal drilling technology breakthroughs, the United States significantly increase production of oil and gas, had swept away the haze and ushered in a new energy security period. Many people want to know that this kind of technology based on the U.S. version of oil changes can migrate to China. If this change in China, and the latter's energy security and reduction pressures will be greatly alleviated. However, even mastered the U.S. technology, China copied the possibility of American energy revolution is quite small. U.S. shale revolution, technological progress is the direct cause, but a deeper reason lies in its industrial structure is more reasonable, oil and gas companies more flexible and adaptable. Even in the same country, the U.S. oil and gas industry with the local community and there are many other industries are not the same place. Oil and gas industry and its business culture to accept a higher degree of uncertainty, degree of emphasis on the individual than collective,Fracturing proppant while the lower tolerance level relationship, which gives the industry an unusual adventure. In addition, the U.S. oil and gas industry enterprises are private ownership rather than state ownership. As we all know, the latter work efficiency, capital efficiency, operational innovation and sustain growth and other aspects of a negative impact. Raised above characteristics and comparison with the Chinese do not flatter the United States,ceramic ball only to briefly point out that if China attaches importance to efficient exploitation of oil and gas resources, then pursue similar to the U.S. system can achieve better results.