When the production of oil reaches a peak world wide, production after this peak will decline. Each year less oil will be produced - as these official US Government figures show. After oil has peaked prices will rise sharply as demand for oil increases - see second chart. We need to become more sustainable to withstand high energy prices. Latest research in the UK - bringing together over 500 expert studies world wide - indicates that oil will peak sometime between 2010 and 2020. It may already have peaked.
RIDE PEAK OIL http://www.youtube.com/watch?v=Ulxe1ie-vEY