Peak Oil was an issue that came to my attention back in 2004 and i have been following it ever since.
I personally believe that this is a pending crises of jhuge proportions because polititions are afraid to state the situation as it really is.
We simply are not doing enough to deal with the situation when it arises and i am afraid that polititions ae going to continue to lie to us because the simple truth is that you cannot win elections by telling westoners that the party is over and we are all just going to have to make do with less from now on.
Oil is the the greatest empire the the world has ever known and in terms of human history it is a very short epoch.
There is currently no combination of alternatives that will produce the equivilent of the energy we get from 80 million barrels of oil per day and that figure is going to fall while world demand increases with hugely populated developing countries like China and India increasingly wanting a slice of the American dream
I wonder if this planet can sustain 6.5 Billion people for much longer.
Here is a link to an article that you all might find interesting:
http://globalpublicmedia.com/transcripts/218
It's kind of old news but a very good article for bringing anyone up to speed who is not fully aware of what it's all about
Recommended Documentaries on the subject include.
The End of Suburbia. (Peak oil and the collapse of the American dream)
A Crude Awakening. (The oil crash)
Featuring interviews with M. King Hubbert. the man who first alerted the world to the concept of peak oil.