I'm sure some bright spark will work it out.
I wouldn't be too sure about that. We might have to get a grip of the trend for flying everyman and his dog around the world for tuppence. (sweet FA)
In general I think its important that people have a lot more respect for the oil that they use. When it's gone it's gone and it ain't coming back (well not for a few million years). We seem to have exhibited the most morally reprehensible wanton squandering of this resource.
A good place to understand what w're dealing with is a BBC radio program called 'The Crude Facts'. It used to be available on the BBC listen again website, not sure if it's still there.
When the oil is gone life will change beyond belief for us in the west. That said, best be off to work and burn a few tonnes!
By the way expect to see a lot more about this in the popular press in the future.