Hmmm. I start 2 threads in one day. But Memorial is a tradtionally driving holiday so..... ExxonMobil for the first time has cut back on its investment in discovering new oil deposits. Exxon is a great company, truly exceptional in its business model of finding oil at reasonable development costs. The company has decided to buy back its stock rather than look for new oil. As a company it may cease to exist in 15 years. The lake of oil in Saudi Arabia whose name escapes me is likely more than 1/2 way empty. There are a lot of theories as to when we will reach the peak of oil discovery and you can plot it like a bell curve. More and more it looks like we are there. The world uses 85 million barrels of oil a day. It could go to 100 million in a few years. Thats how much we need to find every day to stay even. If you think gas is pricey now, just wait. If you are a young person today and you aren't screaming for a 55 mph speed limit, more nuclear power and more *eco sensitve* areas like the California coast and the ANWAR to be opened to oil drilling, your life looks like its going to be very very small. Alternative energy sources are just that, like asking a do it yourself hand job to compare with an all day orgy with 5 porn starlets. Pretty much all alternatives are just a way of catching sunlight. Oil is really just sunlight captured over 100 million years in the form of fossil plants and animals. There is no fucking way to capture 85 million barrels of oil sunlight each day with wind turbines and solar panels. You can get decently close with nuclear energy. Also we have lots of coal. When ExxonMobil OIL decides to get out of the oil business because the future looks unprofitable, people should be really nervous about their futures.