Hashing prices over hash

05/09/2005
The older guys who frequent the neighborhood breakfast joint have been grousing about gasoline prices. They know that I work at OGJ, so they ask me to explain it to them.They don’t really expect an answer. What they actually want is for me to listen politely while they blame the big oil companies. Hence, they don’t have much patience when I start talking about the demographics of global oil demand.But if they were to listen, I would tell them about rising vehicle ownership trends in Asia.China and India are home to 2.2 billion people-more than one third of the world’s population.As of 2002, China had 18 million cars, buses, and trucks, compared with fewer than 2 million ...
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