This might be a good place to ask this question...
Does anyone (especially anyone who works in the oil industry) have a prediction on when oil will run out?
I've seen guesses of anywhere from
50 years to
"it won't run out because it doesn't actually come from fossil fuels but from an internal earth process that is ongoing."
Although I personally believe that we consume WAY too much energy and that our resources are limited therefore making unlimited growth impossible (hello China!), I am honestly curious as to how big a threat running out of oil might be? Is this like Y2K all over again - a potential threat but in the end, greatly overrated? Or is it real and something we need to act on now and in a serious manner?
I assume that as always, the answer is probably somewhere in the middle.