Wednesday, June 8, 2011

Chart of the Day




Stuart Staniford graphs the U.S. vehicle inventory versus China's.  As he says, I don't know how the global oil market will be able to handle all the extra vehicles in China.  We will be bidding against them for oil, and they have a lot more disposable cash available.  We need to wean ourselves off of gasoline-powered cars, and soon.

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