"Peak production of oil has been reached, or is close to it"
not so - Greenpeace proganda
the main oil companies have declared reserves stretching out 42 years - and that number has been the same every year since the mid '90's
it just isn't worth spending money looking for oil you are only going to produce in year 43 onwards
gas production in the US Lower 48 is RISING after 150 years of production