China has knocked the US from its top spot as the world’s biggest net importer of oil, US government data shows. The country’s fast-growing economy, as well as the rise in car sales, has led to its new status, according to September’s data. Oil consumption in China had outstripped production by 6.3 million barrels a day, said the Energy Information Administration (EIA). In the US, the figure was 6.1 million.
The big news-both in the mainstream media and on the LexBlog Network-is the looming government shutdown. This, obviously, has numerous legal implications as, if we do see a shutdown, a number of regulatory bodies will be affected. While we have multiple posts on it in the roundup, be sure to check out our Government Shutdown section on LXBN.