"John S. Shinal" wrote in message
...
(ArtKramr) wrote:
NO OIL COMPANY WILL BE LEFT BEHIND.

How about taking the bus three days a week like I've been
doing for the past year ? It's not convenient, but I do it anyway.
I can't believe you'd complain about the price of all that gas you're
burning for your own convenience. You're *retired* Art, you have the
experience to understand this stuff by now. It's not a conspiracy, if
25% of the people used economical cars, the unleaded gasoline supply
would be overflowing in two weeks. Huge supply. Prices fall as soon
afterward as the commodities traders on the stock exchange will it.
Consume less, pay less.


True BUT the USA is NOT the only oil user on the planet.
The simple fact is that the world demand for oil is rising
and the supply isnt keeping pace. Some of that demand
is definitely from the USA but Asian demand is rising
rapidly, especially in China where private automobile
ownership has jumped from pretty much zero to 10 million
in a few years.

Given that the Chinese are planning to manufacture 10 million
cars a year by 2010 the simple fact is that the days of cheap
gasoline are over.

Keith