<< Ludwig - "peak oil" .. time to start reading. Even the environmental movement has grudgingly agreed that it isn't going to happen. (Although there may be a supply squeeze while new sources come on line.) time to update yourself. >>

Curmy, there is bound to be a peak oil phenomenon to some extent, where supply of the current cheap stuff simply can’t meet the still rapidly increasing demand. Yes there are other sources, but the economics of bringing them online are very different and they will therefore have a huge economic impact (and environmental impact. Eg: Athabasca tar sands).

So please don’t dismiss peak oil / oil crunch / or the considerably increased price of oil or oil substitutes. It is very real, and it should be something that our government is telling us about and planning for, with a very high priority.