I'd take the other side at those odds. Per capita energy expenditures in China are set to skyrocket as rural areas industrialize, and I expect the same of many Second World nations. I don't think increases in efficiency will dwarf that effect quite yet.
I'm basically betting that a short term lack of oil (as evidenced by reduced production in 2008 and high current price), will put a break on that expansion. Or the industrialization of china will only happen in if first would countries reduce their energy consumption to allow it, as they did in 2008.
Data from the BP energy review.
I would like to propose this as a thread for people to write in their predictions for the next year and the next decade, when practical with probabilities attached. I'll probably make some in the comments.