Oil Consumption

[mcgillianaire]

According to Douglas-Westwood, India and China, the world's most populous countries, consume just over 10% of global oil production whereas the US and Europe together consume a hefty 51%! That's 5 times as much consumption with a population less than half of the two Asian powerhouses put together!

Obviously, the widespread poverty and non-industrialization of these sectors in both India and China are the main reasons why the numbers are skewed as such. One only wonders how and if the ecology will cope with inevitable future oil consumption surges in these two countries, while the rest discover viable renewable energies to replace our current dependence on oil.

Comments

[taxlady.livejournal.com]

Well, I guess we need ecologically sound replacements for oil based technologies that have enough advantages that everyone will want to use those technologies instead of using oil.

[mcgillianaire.livejournal.com]

The main replacement, the use of oil as fuel can definitely be replaced by alcohol, and it is definitely a lot more ecologically sound, but there is little political will, esp. while oil companies continue to be subsidized heavily by governments the world around.