http://www.energybulletin.net/18056.html
excerpt from a long article: "The American Petroleum Institute estimates that 1.1 trillion barrels of oil remain; accordingly, this supply would last only 43 years. Estimates of peak world production vary. The U.S. Geological Survey predicts the world's production rate will peak in 2040, while others see global capacity peaking in 2016. Finding new fields or even accessing known reserves presents technological and political challenges. Tapping into reserves located under oceans or in rugged regions of western Asia have proven difficult and expensive." If we maintain a mean consumption of 10^8 barrels per day (it's around 88 mbpd now), 10^12 will last 10^4 days, or totally deplete in 2033. We will be bankrupt and dead long before that. Idiots. Terry
