You can rely on Schnews to tell it like it is.
Petroleum geologists reckon that the world oil peak will be sometime
between 2005 -2010. The majority of non-OPEC producers such as the United
States, Britain, Norway, and Mexico, who satisfy 60 percent of world oil demand, are already in a production plateau or decline. A leading guru, Colin Campbell (ex of Shell and Total Fina Elf) reckons 2007. Are we preparing for it? Are we readying ourselves to radically change our lifestyles and energy consumption? Of course not.