jduke

Cheap Chindian Cars and High Priced Oil Don't Mix

Aug 15 02:44 PM
@jduke
Doesn't matter if it's 2000 or 20000 miles no reasonable person can believe that fuel consumption will continue to rise in Chindia at over $4 a gallon when salaries are so low.

Over $4 a gallon is not that severe a problem when you are driving a 150cc scooter or motorcycle which usually give you upwards of 100 miles per gallon even with the clogged roads in India or other developing countries. When I was in India it was a pleasant surprise to see how far a tank of gas went on a motorcycle. No matter what you believe in it should be a no-brainer that with the Chindian economies on the rise we're not going to witness huge drops in gasoline consumption, although the Indians have been producing a decent all electric car called Reva for the last 3 years now. With improved electricity generation capabilities they should be able to manage just fine.

Cheap Chindian Cars and High Priced Oil Don't Mix

One of the most stupid and simplistic analysis I've ever seen. Despite the growing demand for gasoline in developing countries like China and India the US still accounts for almost 60% of the gasoline consumed in the world. It almost seems like any improvements in living standards in Chindia is anathema to the vast majority of Americans. An average Indian commuter probably drives close to 2000 miles in an year, not 12000. Plus public transportation and 2 wheelers (of the 150cc engine variety, not 1200c Harleys) is the norm not the exception. Almost everyone who buys a car also has a 2 wheeler. The car is usually reserved for occasions where more than 2 people need to commute and would not fit on a 2-wheeler. Luka, you should visit Chindia once before spouting about things that you don't have the foggiest clue about.