Quote:
|
Of course reality would argue otherwise, in that the US demand is only down due to economic stagnation rather than true demand destruction, greater energy efficiency, or renewable displacement.
|
This is actually not true. American VKTs were softening two years before 2008, and now with economic recovery back to 2006 levels, VKTs are still lower than in 2006. There's something fundamental going on with the American transport drivers, it isn't just economic growth related.