"Keith Willshaw" wrote:
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.

I've heard there is a blooming love affair between the Chinese
and personal automobiles.

Add into that the growth of industrialization in the
developing world (to whatever degree you want to estimate), it adds to
the consumer energy requirements as considered globally. Even remotely
meeting that demand will be a huge challenge - I've seen compelling
estimates that even building lots of fission reactors couldn't keep up
with the demand for more than a hundred years or so.





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