Actually there are lots of reserves that haven't been tapped yet (ANWR, deep water gulf, off shore etc and that's just in US territory) so it's not production limits that are hurting us. It's refining limits.
and China is taking ever bigger sucks on the pipelines. Just the cost of fossil fuels themselves in this competitive "environment" will drive the development of alternate energy sources, as they become equally cost-effective as fossil fuels.
This is true. We need to get more nuke plants on line now and save the oil for our SUV's
You're right, that's what I meant to say. But in regards to the rest of your comments, undeveloped reserves such as ANWR are not considered nearly as large as the proven reserves. If you read the article, the expectation of reaching the peak in world oil production in a few decades is based on an estimate (deemed "optimistic" in the article) of the world oil resource = 2200-3900 billion barrels, "nearly twice the proven reserve". And realize that the upper bound estimate is nearly twice the lower bound estimate.
We can still find and produce more oil. But it will get used up eventually. The article also notes that the realistic way to deal with the situation is via solar and nuclear power. The long-term solution is to get nuclear fusion online.