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Yeah. I heard about this (Peak Oil) as well when I stayed at a hostel in New York City just a couple months back. There is no doubt that fossil fuel is finite, and it is a matter of time.

For further reading:
http://www.peakoil.org/

This is very interesting. If anyone is interested in a more factual and historical approach and perspective, I strongly recommend that you read 'The Prize'by Daniel Yergin. Mr Yergin won the Pulitzer Prize for this work and is now Chairman of Cambridge Energy Research Associates www.cera.com. CERA are advisors to BP, Shell, the US Dept of Energy and many other important institutions.

Amitabha.

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