Been studying oil production lately. All the scenarios I can think of don't look very pretty. Global oil production is expected to peak between 2005 and 2020, depending on whose estimates you concur with. Oilcrash.com has some good resources for studying this, as well as fromthewilderness.com

When you factor oil into the equation, most of the geopolitics during the industrial age make crystal clear sense. I believe the war on terror isn't really about terror at all. It's about controlling the remainder of the oil that isn't declining in production. It's so simple really. It's also frightening.

The Death of the Oil Economy