Random Roger’s Big Picture: We No Longer Need Oil

Here is the nub of the worlds future : “I will call on Puru Saxena’s nugget about per capita consumption of oil. US per capita consumption is about 25 barrels per year. China’s and India’s per capita consumption is less than one barrel. What do you think will happen to global demand for oil when their demand rises to 1.5 barrels per year?” Answer is Oil demand rises by about 12%

Note population of USA is 295,734,134 China 1,306,313,812 India 1,080,264,388