Interesting article here:
https://www.discovermagazine.com/pla...ing-out-of-oil
Probably won't have much effect on my generation, but likely to impact generations to follow...of course there are those that don't think further than their pricks can reach.
Think about it...it took Mother Earth EONS to create what oil there is, yet home sapiens who have only been around for a second or two relatively, and at that, only really using oil in quantity for a couple hundred years has "wisely" managed to consume such quantities that with known reserves and known economical extraction techniques only another 50 yr or so supply is predicted. Sure, new or alternate reserves MAY be found, new and more expensive extraction techniques MAY be developed, etc., but that largely depends on science which currently is regarded as the evil eye (pardon my bias there as a scientist please.)
Strategically, I think the last country with remaining oil resources as we currently know them is the ultimate winner. So use alternate energy (solar, wind, nuclear) and deplete THEIR oil for what if need to make up the shortfall and conserve ours. Of course we will pay more in the short run (prick's lenght), but the youngsters now and their offspring will be in a better position in years to come.
Buggy makers evolved into making bodies for automobiles and big oil companies can likewise evolve into Energy Companies (hint, Texas has a lot of sun and land and judging by this board a lot of "wind", so they seem well positioned.
Of course, it requires thinking beyond the length of one's prick.