Quote:
Originally Posted by para transit fellow
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Car sales are down because cars last way longer than they used to. A 10 year old car used to be a junker on its last legs, which isn't really true anymore.
The number of cars sold doesn't matter to oil demand, just the number of cars/miles driven. If cars last longer, sales can be much lower and still burn the same amount of fuel.
Also, the current sales trends are strongly towards less fuel efficient SUVs and trucks and away from smaller fuel efficient sedans. The big vehicles selling now will be on the road burning gasoline for 20 years.