GM Automobile Sales In China Up More Than Eleven (11) Percent Year-Over-Year -- And Not Many Of Them Powered By Fuel Cells

Earlier I posted a link to a story from The Economist suggesting demand for oil would decrease due to global changes in the automobile market. (At the link, you have to scroll down a bit to get to the story.)

I thought The Economist position on this was, for lack of a better word, "nuts," as in "insane."

The global demand for oil isn't going to go away any time soon was my contention. Now, I see this story: GM says July China auto sales up 11.1 percent year on year. Auto sales up 11% year-over-year is not trivial. And that was just GM sales.

I doubt any of them were powered by fuel cells.