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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (34666)	8/23/2004 9:45:41 PM
From: Archie Meeties	Respond to of 206099

As a % of oil consumption, gasoline demand from cars is far less than industrial/manufacturing consumption. Energy used for transportation is around 1/4 of industrial demand. The affluent coastal cities may have a modest segment of the population able to buy cars and willing to pay whatever price for gasoline. But because most energy consumption is used by industry, it's easy to see how energy demand in China is more sensitive to recessionary forces. Some numbers. 42% of US energy used for transportation 11% of China's " Gasoline consumption per person/year (liters) China 40 US 1,745