"Peak Oil" is a lie, a warrant to continue the endless war in the Levant and beyond. Oil is becoming harder to find, certainly, but then so has copper, silver and gold, as the easily got at reserves are the first to go. There is LOTS of oil: it's whether the green fascists and their useful idiots will allow it to be drilled.
Anyhow - the internal combustion engine is 100 years old, and there should have, long ago, a replacement for it. It is only to the benefit of the petroleum companies and the motor manufacturers that oil continues in use, and that it's price is high.
'Peak Oil' and the German Government
Military Study Warns of a Potentially Drastic Oil Crisis
By Stefan Schultz
A study by a German military think tank has analyzed how "peak oil" might change the global economy. The internal draft document -- leaked on the Internet -- shows for the first time how carefully the German government has considered a potential energy crisis.
The term "peak oil" is used by energy experts to refer to a point in time when global oil reserves pass their zenith and production gradually begins to decline. This would result in a permanent supply crisis -- and fear of it can trigger turbulence in commodity markets and on stock exchanges
Parallels to activities in the UK
The leak has parallels with recent reports from the UK. Only last week the Guardian newspaper reported that the British Department of Energy and Climate Change (DECC) is keeping documents secret which show the UK government is far more concerned about a supply crisis than it cares to admit.
According to the Guardian, the DECC, the Bank of England and the British Ministry of Defence are working alongside industry representatives to develop a crisis plan to deal with possible shortfalls in energy supply. Inquiries made by Britain's so-called peak oil workshops to energy experts have been seen by SPIEGEL ONLINE. A DECC spokeswoman sought to play down the process, telling the Guardian the enquiries were "routine" and had no political implications.