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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (385646)	5/21/2008 9:45:24 PM
From: i-node	Read Replies (1) \| Respond to of 1578095

I think you're assuming that the demand is coming primarily from the US. I posted earlier that only 1 in 70 Chinese have cars while the remaining 69 desperately want one. The Indian ratio is even greater. I don't think people in those countries are going to give up the notion of having a car because the price of gas is going up. They're going to transition to electric vehicles just as we do. 10 years from now, the world will very likely be seeing a glut of oil, perhaps 15. The Saudis will be lucky to $15 for a bbl.

To: tejek who wrote (385646)	5/22/2008 10:20:55 AM
From: michael97123	Read Replies (2) \| Respond to of 1578095

keep in mind price of fuel is capped in india and china i believe so folks are being encourage to drive, buy cars etc. The fact that the USA has had a free ride all these years re: fuel is not a reason that emerging nations should do the same. We were wasteful in a time of surplus. Now we are in time of shortage. If americans are conserving while emergings are not, it may satisfy some sense of fairness over time for liberals but it does not solve the problem the world now has. But i agree--energy independence is not a red blue issue anymore except perhaps for IODE>