"Jack Goff" wrote in message
m...

"Doug Kanter" wrote:

In case Fruitz pretends not to notice the question I just asked him, I'll
ask you: Please indicate specifics as to WHERE you believe this increased
demand is coming from. If you choose to repeat "China...", as others
have,
please provide data.


Where have you been hiding, Kanter? Been in a cave the last few years?

Here's just one of *dozens* of articles with the knowledge you seem to
lack.
Please educate yourself.

http://www.earth-policy.org/Updates/Update45.htm

Here's a quote: "With oil, the United States is still solidly in the lead
with consumption triple that of China's-20.4 million barrels per day to
6.5
million barrels in 2004. But while oil use in the United States expanded
by
only 15 percent from 1994 to 2004, use in the new industrial giant more
than
doubled. Having recently eclipsed Japan as an oil consumer, China is now
second only to the United States."

China is waking up, they are hungry, and they are rapidly building their
industrial machine. Their escalating economy is allowing China's "Joe
Average" to own a car for the first time.

How in the hell do you think they manage to make *everything* that
Wal-Mart
sells? By rubbing two sticks together? Sheeesh...

Jack






It is a double whammy. First the demand for oil for their production needs
which in turn produces profits, wealth and the demand for cars where none
previously existed.

Their demand for gasoline alone will continue to increase at an amazing
rate.

From http://www.altassets.com/casefor/sec...005/nz6592.php

" To date, China has only had 1.2 cars per 100 inhabitants. The
corresponding figure for western industrial countries is over fifty. The
growth anticipated in the automotive industry by all observers will result
from the sharp rise in per capita income in the booming Chinese economy: if
a mere 3.7 percent of all Chinese earned enough money to buy a car in 2002,
the figure will reach 13 percent in 2010. In absolute terms, this implies a
growth of today's 50 million potential buyers to more than 170 million. This
stratum of the upwardly mobile is expected to lead to an increase in new car
sales in China to 7 million vehicles by 2010, making China the second
largest market for automobiles in the world and almost half as large as the
US market. "

But to some this is all Bush's fault. LOL!