Nope,

Peak oil was first posited by a geologist who at one time had been employed by Shell, a fellow named Hubbert. Oild companies were reluctant to embrace the peak oil thing because, unlike diamonds, the price of oil wasnt traditionally tied to scarcity, but to need. The notion that oil could run out would obviously create a stronger demand for other energy sources, which those obese cretins at the Cattle&Oil Club on S Houston want not at all.

http://en.wikipedia.org/wiki/Peak_oil

Large oil field discoveries would be a difficult thing to keep quiet, and we aint gettin any of those. Our use outstrips our production by about a 5-to-2 ratio. Remember Econ 101... 'Doesnt matter how much you make, it's how much you spend..."

Peak oil is real, and if we as a civilisation are going to survive, we're going to have to deal with it, with global warming, and with our current system of government.

And we're running out of time.

We need SunBalls, and Fuel Cells, and Stirling Energy System Solar Farms, and Tesla motor cars, and geothermal power stations, and pebble bed nuke plants, and wind farms, and distributed power generation, and hydrogen cracking plants, and ethanol, and bio diesel... And the nifty thing is, to get that, which we're gonna have to do, we're gonna have to rebuild the middle class in this country and get ourselves a better-educated populace, to deal with the demands, and if we have a strong, well-educated middle class, we may very well have the chance of creating a Democracy in the USA.

Even a prisoner can dream.