Innately, everyone comprehends that the days of cheap oil are over and that supplies have passed their prime.  Yet a large contingent of governments, instead of implementing sustainable policies to slowly maneuver their economies in accordance with that reality, continue to pursue growth in ways that refuse to take the decline of oil into account. In the 1980s, China used up a modest two million barrels of oil each day; currently that consumption stands at nine million – every day.  That seemed okay in an era where oil seemed boundless and all industrialized nations had geared up their national economies to reap the dividends.  No more.  With the end of cheap oil comes the era of shrinking economies and hard choices. According to the…