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Nova Nova is offline
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Default And The Creek Keeps Ris'n

On Sun, 6 Mar 2011 20:43:28 -0500, "Upscale"
wrote:


"Mike Marlow" wrote in message
pay - we don't benefit from those programs. The US is not responsible for
the price of gas in other parts of the world.


Maybe the US is responsible at least partly, but not for the reasons you're
discussing. The US consumes the largest amount of oil in the world by almost
3x the amount of the second largest user which is China. I wonder
hypothetically if the US stopped using oil altogether, would the glut of oil
on the world market cause a price reduction by the other oil producing
countries.

http://www.nationmaster.com/graph/en...il-consumption


The figures you cited are from 2007. China is still second in oil
consumption but for the last couple of years has been catching up
fast.

http://www.icis.com/Articles/2010/11...rowth-iea.html
--
Jack Novak
Buffalo, NY - USA