Lies. Peak oil said we’d hit it in 1979. Along with global warming.
If the liquid fluoride thorium reactor does become economically viable, it would end the age of petroleum-fueled motor vehicles because there would be enough cheap electricity generated to recharge many, many millions of electric cars.
Back in the late '70s National Geographic claimed that oil would be GONE by 1999. Gone. Nada. Zilch. Zip. I wish I saved the issue.