Again you make the huge assumption that these 700 million vehicles will be built, further you make the assumption that they will run on gasoline. Lot's of assumptions, just sayin'

Actually, I'm not assuming that they will be built, especially since our middle case is that the top five net oil exporters will have shipped about half of their post-2005 cumulative net oil exports by the end of 2012, but the automotive supertanker is going to take some time to slow down. At 70 million vehicles per year, we would be over 200 million cumulative new vehicles in only three years. And I wonder what percentage of them would be powered by petroleum products?