Title: Mcgowanjm Wire 2013 Source:
[None] URL Source:[None] Published:Jan 1, 2013 Author:Mcgowinjm Wire Service Post Date:2013-01-01 17:18:57 by A K A Stone Keywords:None Views:136230 Comments:236
1) The relative economic decline in any one region, as quantified by a relative decline in per capita GDP, will be proportional to the relative decline in per capita petroleum consumption rate for that region. It is inherent in my PIE analysis that the future import and export trends for each region have been accounted for, and, for the purpose of this analysis, I am going to assume that alternative fossil fuels could not or will not be ramped up in time to make much of a difference for the one area that petroleum has been critical for economic growth: transportation.