Reply #5: Yeah, I remember 1970...

[hunter]

That was peak oil for the United States.

What the hell, we figured, we can import oil... and we did. A lot of oil from unsavory places like the Middle East and Africa.

Now it's peak oil for planet earth.

Importing oil is not an option.

Do I think the oil companies are ripping us off? Yes.

Do I think huge new oilfields will appear like magic somewhere? No.

And if if there is more oil, it's probably not wise to use it. Same thing with coal. All this carbon dioxide in the air is likely to make very bad things happen, things that are going to kill our economy.

Maybe it will be hurricanes and rising sea levels. Imagine all coastal cities looking like New Orleans does today and you get the picture...