China gets it about peak oil which is why it is using its buying power to force Iran and KSA to stop fighting so it can take over the stewardship of the M.E. I'm sure Japan, Taiwan and South Korea will be happy to cut back and go back to rickshaws. When China cuts off oil from Taiwan Tawian will only WISH they'd invade instead.

The fossil fuel war has begun again. I don't believe one can buy your argument (which I do) and not see the other being just a matter of time.