[thackney]

Care to point to what you consider a “giant” oil field?

They are not claim no new fields, but the total amount of reserves added versus the amount consumed.

[ilovesarah2012]

We Will Never Run Out of Oil
The Oil Supply - The Doomsday Scenarios are Flawed

http://economics.about.com/cs/macroeconomics/a/run_out_of_oil.htm

But maybe we don’t need to worry about oil if we just use hemp:

Is industrial hemp the ultimate energy crop?

http://theconversation.com/is-industrial-hemp-the-ultimate-energy-crop-20707

[SVTCobra03]

Devon Energy expects production to rise this year even as it cuts capital spending

http://newsok.com/devon-energy-expects-production-to-rise-this-year-even-as-it-cuts-capital-spending/article/5394312