Interesting article although I will say that I think that much of what is now petro powered or dependent on will be replaced by another solution!
That's what we as humans are good at doing! Finding solutions to problems!
That's not to say that it's not going to be a rocky road but I don't think it'll be as rough as some are predictiing! Oil companies have boatloads of money, especially now, so they certainly aren't going to let a little thing like supply derail them! They will transition into the next phase and go from there! I'm sure they are they main proponents of other alternative fuels although they aren't committing tons of money to it yet because they first need to figure out how to control it so that they have the same monopoly they have on us with oil!
John
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'66 Nova/Chevy II - The NEW '69 Camaro!
Do you actually believe that crap? There are enough known oil reserves to last us the next 500 years and they keep finding more. Hell, just a couple of years ago they found a pool of oil something like 360 miles wide in Louisianna. We have billions of barrels of oil in U.S. territories alone, the oil companies just aren't aloud to touch it due to the environmental crap. I used to get freaked out about this doomsday crap as well, but, I learned that all it is designed to do is freak out the populus. There is even less truth to that article than there is to the man made global warming scam (if thats possible).