Quote Originally Posted by Rick M View Post
Misifus,
"I do remember when China was a net exporter of oil, now it is a net importer."
Excellent point.... I remember as well.

Given your insider knowledge, could you please provide us with a list of oil producing countries which were once major oil exporters, but are now net importers?
No. I'm not going to sleuth that. I'm sure you can Google it!

I anticipate you would like to show that reversals of net exporter to net importer means that oil has "peaked " However, such is not the case, there are more reserves now than ever, as has already been indicated.