Is there a way to dynamically resize remote images in drupal 7? Part of the site, I'm making has a YouTube video gallery. I want to display the thumbnails in list format but I need to resize them first. Using theme('image_style', etc) would be the simplest solution but it seems to only work on local files. Is there a way to get this to work with remote files?
Try out Imagecache External module


  Imagecache External is a utility module to allow you to use
  imagecache(D6)/image derivatives (D7) with external images.