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I have had a chance to go through Lou Grinzo's presentation called "The Oil Crunch," for which he provided a link here:
http://www.grinzo.com/energy/downloads/theoilcrunch09x20x2007.pdf
This is very informative and puts "Peak Oil" into a very interesting perspective, noting that the "Oil Crunch" is a related but not identical phenomenon.
Thanks, Lou, for an outstanding contribution to this discussion. I encourage my readers to download it.
Fred Bortz -- Science and technology books for young readers (www.fredbortz.com) and Science book reviews (www.scienceshelf.com)