[Reeses]

reduce consumption

That won't have much effect unless the whole world decreases consumption. This demand surge could be blamed on the new China/Walmart economy.

[newgeezer]

That won't have much effect unless the whole world decreases consumption.

Any idea how much of the world's oil consumption the U.S. is responsible for these days?

Regardless, 1.4 million bbls/day ain't nothin' to sneeze at. It would have some effect.