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Old 06-11-2008, 11:32 AM   #798
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Quote:
Originally Posted by Donger View Post
Considering China's demand is going up at ~5% per year, we would have to match that just to keep things the same.
exactly, that is why all this ridiculous biofuel money waste and hybrids, luxury taxes on oil companies, basically everything the government has ever done to combat it are not solutions. china is 12 times as large as the united states and india is many times larger too. we are not going to be dictating demand, they will be.

we can cut back all we want - it will lower the cost to you but its never going to change the scarcity of the resource that is becoming exponentially more scarce because of china and india being developing countries

no solution will exist until personal electric transportation, in my opinion. too bad the government doesnt spend money researching that instead of people-pleasers like beating up oil companies and trying to turn crap into gold, i mean corn into gasoline
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