Whether you believe that the oil production peak is upon us or far into the future - the only constant is that the price will continue to go up. The Americans are just beginning to realise that SUVs that manage 10 mpg are not such a neat idea but it will take them a long time to learn that across the whole country. It has been said that, if they improved the mpg of their vehicles by 10%, they could cut their dependency on the Middle East. I doubt that change will happen anytime soon.
Who would like to lay a bet between our planet being overtaken by global warming and the oil running out and so we stop heating the place up?
