2010-06-19

India Rising

As Detroit struggles, automakers elsewhere in the world are rising. Tata Motors is the largest automaker in India. Over the coming decades India, China and other countries will become the dominant forces in the automotive world. Their need for petroleum products will determine the global price and availability of gasoline. The United States will have to adjust itself to the conditions set by their demand. Let us hope that India tries to save on gas! Meanwhile, we can try to insulate ourselves from the impact of rising Indian demand by saving on gas ourselves.

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