CHINA WILL USE MORE OIL THAN THE U.S. BY 2018: “Steve Kopits says oil demand from China will surpass that of the United in just 7 years. To translate that into practical matters: Your price for gasoline will be a lot higher. You need to use something else to power your car (natural gas in his view) or use gasoline far more efficiently.” Alternatively, China’s economy might collapse by then. You can place your bets — and, one way or another, you will be.