ozzy43

Thoughts on the Current Restructuring of Global Oil Demand

The problem I see with the article is it restricts itself to addressing cars and commuting. That's only a small slice of the oil pie. Industries in the developing world will be using as much oil as those same industrial systems do in the developed world. If you're manufacturing semiconductors or plastics in China or Schaumberg, your fossil fuel usage will not differ materially.

So you may be right that one sizable (but far less than a majority) fraction of oil consumption - that concerned with individual drivers and non-commercial vehicles - could probably be somewhat smaller in the developing nations, that seems likely to have a less-than-dramatic impact on the overall oil consumption picture once you factor in all of the other fractions.