The known Peak oiler Peter Tertzakian was interviewed by US news. I can't wait to read his book: A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World: USNews
Quick snipet from the interview:$this->bbcode_second_pass_quote('', 'A')fter the last oil price shocks of the 1970s, the Europeans and the Japanese taxed oil very heavily. The Japanese made it government policy not to consume more oil than they currently were. Indeed, they consume the same amount of oil today. It can be done with smart policy. The Europeans and the Japanese built public transportation, while the U.S. built suburbs.

