Sanibel

Where Does Oil Go from Here?

I believe that world demand for oil will continue to increase as India and China continue to grow. However, I wonder to what degree demand for oil in America will decrease as Americans transition from SUVs to more fuel-efficient vehicles. If I sell my SUV and by a fuel-efficient car, my fuel consumption should drop by about 20%. If everyone in America did the same wouldn't that substantially decrease American consumption?