The below infographic takes an unbiased look at the current situation with peak oil, oil consumption and declining fossil fuel reserves.
This graphic presents a conventional viewpoint of peak oil, but without most of the doomerism. If one looks over the numbers presented here with the knowledge that CO2 hysteria is scientifically unfounded, and that most of the problems listed are already on the way to being circumvented, the overall picture looks quite good -- for the near to intermediate term.
We should always remember that our long term goal is to replace combustion technologies with more advanced technologies which are sustainable on the time scale of millions of years at least. At this point, of all the large scale power technologies, only advanced nuclear technologies qualify as sustainable on those scales.
That is not to say that better solar and geothermal technologies will not be developed. No one can make such predictions with certainty. But the universe itself is powered largely by nuclear reactions -- and other more esoteric forces and energies yet to be discovered. That is the direction we need to be looking.
In the meantime, the available fossil fuel resources, bioenergy resources, and nuclear fission resources available, should see us through.
By Al Fin