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Eric Fox's
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230 comments
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"Meanwhile, more than 73 million new cars hit the road last year."
Jun 30 08:49 am
|Rating:
0
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All Comments by Eric Fox »As Global Demand Rises, Oil Production Remains Flat [View article]
The relevant stat is not how many new cars hit the road, but how many net cars hit the road - how many were junked last year."
The second stat you should be looking at is what is the average MPG of those 73 million new cars -compared to previous years and where will that average MPG be going the next few years.