In other words, if you
agree that there is lots of energy at higher prices than those consistent with Hummers in every garage, and if you
agree that political manipulation in almost every country (including the US) to keep prices down is hurting us more and more every day, and you note from ample literature, demonstrations, and at least a dozen European countries where energy use used both more efficiently and more carefully than in the US, you have to conclude that the forecasts of continued rapid growth in demand will be
cut off at the pass, so to speak, by higher prices, drying up of
subsidies, and above all more efficient and more careful energy use, fewer miles run and all that.
The Chinese government had
agreed to underwrite costs for numerous industries, and those
subsidies had trickled down to the glass -
cutting factory.