The ~900% increase in the price of benchmark crude oils over the past 10 years indicates that the ~50% of oil that is traded (the ‘net exports’) is near peak supply.

Eventually, to counter this ‘peak’ inconvenient truth, each of us will see our own peak consumption of oil. Our solutions to the problem will likely be a combination of increased efficiency (hybrid cars, car pooling), alternatives (electric rail) or conservation (avoid some consumption altogether.)

The consumption of some countries will peak before others, the most vulnerable are those countries importing ~100% of their needs – ‘net exporters’ will likely not experience a consumption peak for maybe tens of years yet.

According to the EIA statistics, at the end of 2006 have any countries already peaked in petroleum CONSUMPTION? … and if so how many % are they down from peak?

North America , 1 country out of 6 post peak
Mexico (net exporter) -3.9%

Central & South America , 4 countries out of 45 past peak
Barbados -19.9%
Colombia -9.1%
Netherlands Antilles -8.5%
Uruguay -21.0%

Europe , 10 countries out of 37 past peak
Belgium -5.8%
Czech Republic -1.9%
France -4.4%
Germany -8.9%
Italy -10.9%
Luxembourg -4.0%
Macedonia -16.1%
Portugal -10.9%

Eurasia , 0 country out of 15 past peak

Middle East , 1 country out of 13 past peak
Israel -15.1%

Africa , 6 countries out of 56 past peak
Botswana -16.7%
Congo (Kinshasa) -57.0%
Cote d'Ivoire -20.1%
Equatorial Guinea -39.9%
Mauritania -18.7%
Zimbabwe -53.0%

Asia & Oceania , 8 countries out of 44 past peak
Afghanistan -60.1%
Hong Kong -7.9%
Indonesia -4.1%
Japan -9.4%
Korea, South -0.9%
New Zealand -1.2%
Pakistan -5.5%
Taiwan -2.1%

Xer: Interesting post. Thanks.