The real problem is that we use too much oil. It's that simple and that difficult. If we truly want to reduce our vulnerability to high prices, the best way to do so is to reduce consumption.

All of the easy oil is gone and what's left is requiring more energy and money and this has an effect on everything. Our problem is that we've created an infrastructure that's so dependent on oil. As oil becomes more expensive we're going to be locked into the transportation modes that our economy depends on. So we really need to start building an alternative economy before we get caught in a trap of our own making.

The industrial civilisation is based on the consumption of energy resources that are inherently limited in quantity and that are about to become scarce. When they do, competition for what remains will trigger dramatic economic and geopolitical events; in the end, it may be impossible for even a single nation to sustain industrialism as we have know it in the twentieth century.

...the era of cheap oil and natural gas is coming to a crashing end, with global oil production projected to peak in 2010 and North American natural gas extraction rates already in decline. These events will have enormous implications for America's petroleum-dependent food system

If we aim for what is no longer possible, we will achieve only delusion and frustration. But if we aim for genuinely worthwhile goals that can be attained, then even if we have less energy at our command and fewer material goods available, we might nevertheless still increase our satisfaction in life.

We are about to enter a new era in which, each year, less net energy will be available to humankind, regardless of our efforts or choices. The only significant choice we will have will be how we adjust to this new regime. That choice - not whether, but how to reduce energy usage and make a transition to renewable alternatives - will have profound ethical and political ramifications.

If we do nothing, we still get to a post-carbon future, but it will be bleak. However, if we plan the transition, we can have a world that supports robust communities of healthy, creative people and ecosystems with millions of other species.