The More the Chinese Use Gasoline The Higher the Price
CNN reporters keep hitting this point: that the more the Chinese start driving cars, the more demand for gasoline will rise.CNN says that this demand will cause our prices to soar over time.
Note: Every summer gasoline prices do go up and right now , people are worried about Iran too.Hopefully these problems are temporary.
However, sharing gasoline in the global market is a huge problem and it is not temporary.
Please write your comments here.
Extra credit: Do you think that the fact that many citiznes in the US and in China are interested in driving hybrids will help ease this problem? Why or why not?