Kuntsler's probably right. There is no way in hell that future world energy supplies are going to fuel China's growth policies 20 years or so in the future. First off, they're not going to get their hands on enough liquids to feed the envisioned growth in their transportation sector. The competition will be fierce. Secondly, coal is their main resource and unless they start converting coal to liquids (CTL) or do deals with Iran or Russia to finance gas to liquids (GTL) like there's no tomorrow, the supply simply won't be there for them as we go further down the road. Imagine it: trying to grow at those kind of rates in a world that is at or near peak. Impossible, it's just not possible. Same for India. Both countries are combing the world looking for every drop they can get their hands on now. This situation may be tenable for a while but not much longer. No way. The Chinese will either reconcile themselves to the inevitable or embark on military adventures (eg. in the Caspian Basin or Vietnam) to make the dream come true. Just as the US has done in Iran.

The US always needs a boogie man and China is now it. There will surely be fights over energy supplies in the future. Whether it's done with economic policies or gunboat diplomacy is an open question. Human history tells us it will be the latter. As the Latin puts it ora pro nobis--"pray for us".