I have never read such a clear assessment of the situation related to peak oil. Thanks Mr. Payne.
Mr. Payne is an "upstream oil and gas professional with over 25 years of experience. Past Chairman, Houston Chapter of the American Petroleum Institute (API). Member of American Society of Mechanical Engineers (ASME), Society of Petroleum Engineers (SPE), American Solar Energy Society (ASES)."
Please read his article on the EnergyBulletin: http://www.energybulletin.net/39308.html