This much is certain... No initiative put in place starting today can have a substantial effect on the peak production year. No Caspian Sea exploration, no drilling in the South China Sea, no SUV replacements, no renewable energy projects can be brought on at a sufficient rate to avoid a bidding war for the remaining oil.

This much is certain... No initiative put in place starting today can have a substantial effect on the peak production year. No Caspian Sea exploration, no drilling in the South China Sea, no SUV replacements, no renewable energy projects can be brought on at a sufficient rate to avoid a bidding war for the remaining oil.

The economists all think that if you show up at the cashier's cage with enough currency, God will put more oil in ground.

In a sense, the fossil fuels are a onetime gift that lifted us up from subsistence agriculture and eventually should lead us to a future based on renewable resources.

Through our inattention, we have wasted the years that we might have used to prepare for lessened oil supplies. The next ten years are critical.

Running out of energy in the long run is not the problem.... The bind comes during the next 10 years: getting over our dependence on crude oil.