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Econchart China Missing Gas 122009

by Gapa News on Dec 12, 2009

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Econchart China Missing Gas 122009 — Presentation Transcript

Conspiracy ? China´s car sales sharply up, but fuel use flat  Explanations range from retirement of older, less fuel-efficient cars, to fewer driven miles per car, less light truck mileage and taxi fleets converting to LNG The China growth Puzzle 160% Analysts are scratching their heads: The sky-rocketing vehicle ownership is not 120% reflected in gasoline consumption Car sales 80% leaping ... 40% Gasoline 0% demand Source: CEIC, SCB Global Research flat ... -40% 2002 2003 2004 2005 2006 2007 2008 2009 Petroleum and oil-product sales Car sales Orders for Reprint at www.markusgaertner.com Dec. 13, 2009 RSS FEED for all CHARTS at www.slideshare.net/markusgaertner GAPA NEWS