I agree.

Unless every report about the status of current reserves is wrong, or the demand for oil takes a nose dive and unless new refineries are to begin construction tomorrow, we are screwed.

This is why the oil companies are finally starting to invest in alternatives. This is why SHELL Oil will allow their name on an advertisement which states...........

"The bad news is that no combination of technologies can plug the energy gap if the peakists are correct. There will be a third and last Global energy crisis. It will dwarf previous energy crisis. Profound economic dislocation will result. The challenge for human civilization will be how we rebuild post-peak.
If we mobilize with renewables and efficiency as though for war we have the potential to achieve a renaissance on many fronts. "

Pretty strong words from an ad from CNN and SHELL.

I can understand why it wasn't in a US magazine.

We do need to wean off oil and a little sacrifice now, could save a us a whole world of hurt in 10-20 years.