“Because of its sheer size and population, China is on a collision course with the planet. The country's oil use has doubled in the last ten years, and if the Chinese by 2030 use oil at the same rate as Americans do now, China will need 100 million barrels of oil a day. However, current world production is only around 80 million barrels per day, and is unlikely to rise much further before the ‘peak oil’ point is reached. There simply isn't enough oil in the ground to bring Chinese consumption up to Western levels-the global resource buffer is already being hit.”