The Likely Impact of Global Oil Peak on the United States  

Bill Totten has the text of Richard heinberg's address for the ASPO conference in Portugal (it doesn't seem to be up at museletter.com yet for some reason.

Throughout most of the late 19th and early 20th centuries the US was the world's foremost oil producing and exporting nation; it was also the first important producing nation to pass its all-time oil production peak, which occurred in 1971. Thus America is emblematic for understanding world oil history and the approaching global extraction peak.

Each nation will be impacted differently by global oil peak. While the types of effects that are likely to be seen in the US can be extrapolated elsewhere; effects in this instance will be more pronounced because of America's extreme and arguably unmatched economic dependence on petroleum.