June 10, 2011

China's Per Capita Consumption of Oil

"China uses about two barrels a year of oil per person. In the United States we use 23 barrels of oil per person per year. If China’s usage grew to the U.S. equivalent, it would be 85 million barrels a day, which is about the total consumption of oil for the world." (from Robert Rapier, Energy Bulletin)

What was it that Herb Stein used to say?

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