I only wish to say that true science shows that Peak Oil is NOT true. And we were all rather innocent fools to believe it in the first place.
Peak oil is a decades old lie creating artificial scarcity and thusly higher prices. Big oil does a great job getting oil out of the earth for a relatively decent price, but it's all a big game and they control it.
An "artificial scarcity strategy" has been in place for decades and decades. It looks like "social planners" have nearly succeeded in de-industrializing the United States. They will blame our economic dissipation on shortages of energy supplies. How convenient.
Now that the world economy has become so centralized, there will be blame put on the West's over consumption of fossil fuels, and at the same time development and use of renewable clean technologies seems to continue to be impeded. This is all real good for the oil companies. Meanwhile, alternative fuel technologies which have existed for years are suppressed.
Oh well ................ no pun intended.
There is scarcity, but it is a scarcity of supply versus demand.
Which makes for higher prices, which permit drilling deeper, higher exploration and development expenditures, and the technological developments which find more oil, and when that runs low in relation to demand, the cycle repeats.
So far, the situation has proven to be one of logistics and economics more than one of whether or not there is any oil left.