Peak is already here. Terminal decline will begin by roughly 2015. Evidenced by the rising price of fuel today, the price of food, the geopolitical climate and the geological data which shows that new discoveries are not keeping up with dying capacity.
As for your allies here relying on personal ridicule, and utterly unable to counter the data (that assclown Samson foremost among them), that's fine. Keep your focus on me, and keep ducking the reality of the global energy crisis that is on our doorstep. You all represent the kinds of people in power who are the real doomers, stalling progress towards acknowledging this reality, and ever doing anything about it.
You'll learn, when your grocery bill doubles and triples within a few years.
For all your posturing and arrogant ignorance, tell us then, how these former petrol geologists and Big Oil CEOs are somehow wrong (you won't, because you can't):
They are wrong because they cannot predict the future, just like they've been wrong for the past 30 (90) years. They have no idea if oil will "Peak" and they certainly don't know when.
The ONLY thing they know is that fossil fuels are NOT a renewable resource:
Who disagrees with this premise? Can you cite ANYONE?
No, because it is obvious.
Unfortunately for you, this simple fact must be embellished with fictional catastophic consequences, otherwise, you would be even more of a complete bore than you already are.
Will there be rioting in the streets? The Peak Oilist replies, "OF COURSE, PAY ATTENTION TO ME, ME, ME!!!!" Sociology professors stand in front of classrooms full of morons like Jiggs, who are enraptured by the gory descriptions of global civil unrest, ignoring all the while that this picture is exactly opposed to anything that would benefit ExxonMobil's interests.