The Battle for the World's Vanishing Oil Resources

China is now the world's second largest energy consumer, trailing only behind America. And India has moved up into the fourth place behind Russia, after overtaking Japan in 2001. Dramatically changing the geopolitics of oil in the new century, China and India are rapidly expanding their navies as they become increasingly dependent on lines of oil tankers from the Middle East, posing the beginning of an eventual challenge to American hegemony in the Indian Ocean and the South China Sea. But while competition for oil sharpens — the world is approaching the projected peak oil output in 2012 — the number of countries able to export the commodity is shrinking. Those countries will be largely Muslim, or like Hugo Chavez's Venezuela, hostile to Western interests. No Oil sets the stage for the coming oil wars of the 21st century.