Quote:
Originally posted by MrSelfDestruct
Another comment that I heard is that the younger generation in China is beginning to drive, and with them getting cars, their demand for oil is now higher, increasing the worldwide demand. I'll look to see if I can dig up any more info on this.
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The proclivity of the young in China to drive is a minute factor if it's any at all. The fact that China (and other emerging nations) are beginning to grow their economies has a far greater impact on the demand for oil. Power demands for this growth will become more of a factor on into the future.