The middle school kids are getting in on the act:
This increase in income has lead to more cars in China. Where you would have seen mostly bikes a few years before now you see cars. In some places bikes have been outlawed on the streets. More cars lead to an increase in oil demand.
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China’s oil consumption is rivaling the US overall consumption. China’s increased demand has increased oil prices to an alarming high. Gas prices in the U.S. have risen to $3.50 a gallon. It will rise again soon. If China would allow bikes back in all places, maybe it would lower the use of cars.
Andy Groothuis
Middle School Kid
Note: The post title is also due to Andy Groothuis.