07-05-2012, 10:59 PM
Energy analyst on CNBC confirms the article posted by Pet. Even though China may be slowing down some, the fact that more of their population is making the move to middle class means their demand for energy increases exponentially as they have more demand for "things". Same in other emerging Asian countries. In the west as people increase financial ability to spend they demand more services than "things". "Things" require more energy to produce and consume.

