You don't need to read the Economist. All you have to do is look at the numbers from DOE themselves, and make up your own mind.<p>Personally I believe we are nowhere near peak oil, due to Bakken, the unexplored resources off USA coastal shorelines, ANWR drilling that should be undertaken, etc.<p>Plus for natural gas we have the undersea hydrates that we haven't quite figured out how to mine cheaply (yet).
Nassim Nicholas Taleb, author of [The Black Swan](<a href="http://www.amazon.com/Black-Swan-Impact-Highly-Improbable/dp/1400063515/ref=pd_bbs_sr_1/103-1568827-3909405?ie=UTF8&s=books&qid=1215982742&sr=1-1" rel="nofollow">http://www.amazon.com/Black-Swan-Impact-Highly-Improbable/dp...</a>) suggests not listening to men who wears ties, especially when they are making predictions about the future.<p>The fellow's predictions in the past have missed the big events: don't bother trusting his newest predictions.