peak oil must see website, page-2

I watched it last night. My impression was that they did not provide enough insight into what the world might be like with oil supply in decline. People need it spelled out that it does not mean less driving of their 4x4's. But that cretin from ABARE should be dismissed for gross dereliction of duty, his comment that the markets will sort it out was incompetant beyond belief. I suppose he is right that demand will drop when the price spikes, but the cost will be collapsing world economies - isn't his job supposed to be to predict this sort of thing coming and make recommendations to the government ?