Quote Originally Posted by Big Red View Post
Very true. Even as petroleum consumption declines here in the U.S., it's rising in Chindia even more quickly, both for vehicle fuel and food production. China registered 100 million cars last year out of 219 million motor vehicles of all types. From 2006 to 2010, China added an average of 9.51 million new cars every single year. India is quickly catching up, thanks to the popularity of the cheap Tata Motors vehicles. Meanwhile, meat consumption -- and the energy needed to produce it -- has risen exponentially.

Thing is, while everyone wants to be like the U.S., there's this wall ahead that everyone, including the U.S., is about to hit head on. The crash won't be pretty.
So, Obama is right?