AT PROJECTED RATES OF CONSUMPTION, THERE ARE ENOUGH PROVEN GLOBAL OIL RESERVES FOR AT LEAST A CENTURY

ACCORDING TO THIS NEWSWEEK ARTICLE. RTWT. (Hat tip RCP.) And we will probably discover a lot more oil, and also find new ways to economically exploit known depositis which are not economically feasible to exploit goiven today's technology.

So... when you hear someone say "peak oil" or tell you we're gonna run out, you tell them to STFU.