Black People Politics : China Is Why Gas Prices Are Going Up And Heading Much Higher

Discussion in 'Black People Politics' started by Clyde C Coger Jr, Feb 26, 2013.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,356
    Likes Received:
    10,419
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,073
    In the Spirit of Sankofa,




    ... Family, this source is packed with information (graphs and charts), it would behoove one to check it out thoroughly; if you wish to understand why gas is higher at the pumps...



    China Is Why Gas Prices Are Going Up And Heading Much Higher


    2000:
    China produced 2,069,069 vehicles
    U.S. produced 12,799,857 vehicles
    Japan produced 10,140,796 vehicles
    Now is where China comes on board big time. In 2011, China produced 18,418,876 vehicles. The U.S. produced only 8,653,560 vehicles.
    According to People's Daily Online, a Chinese news organization, in 2012, the number of registered private cars reached 53.08 million units by the end of 2012. This was up 22.8% from a year earlier!
    That same article points out that the aggregate motor vehicles registered in China exceeded 120 million, which was up 14.3% from a year earlier. I calculate that's 11.9 million new gas tanks.
    So, as America is junking more cars than it's buying, as indicated in the total registered vehicle numbers out to 2010, we are reducing the number of gas tanks on the road. China meanwhile is adding gas tanks and adding them at break neck speed.

    http://seekingalpha.com/article/122...going-up-and-heading-much-higher?source=yahoo

    Peace In,
     
  2. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Jun 18, 2004
    Messages:
    31,993
    Likes Received:
    11,478
    Gender:
    Male
    Occupation:
    retired computer geek
    Location:
    north philly ghetto
    Ratings:
    +13,732
  3. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,356
    Likes Received:
    10,419
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,073

    :toast: ... its the new direction we're moving in; gonna leave China with the gas guzzlers :rofl:

     
Loading...