>>1
It's nice to be remembered.
It's been more than a couple years. Around six or seven, since that I think. I've since moved on to the ongoing Fukushima catastrophe and the coming global fresh water shortage (we can live without oil - not water) in terms of omgdoom, but not because Peak Oil is "gone", or a false theory.
They managed to avoid shortages - and all it took was tanking the US economy (which has never recovered) along with other major economies around the world. We are in a period of seriously lowered demand alongside a glut of oil production because of shale/fracking.
But there is the key - demand is WAY down. Had it continued upwards along the original projections there would likely be major, major supply issues at present time.
The low price per Bbl is actually a very bad thing in the long run, because it will bankrupt many of the shale and other unconventional oil companies (which need $80+/bbl to profit), which leads to lower supply, which will again raise prices, etc.
The point is this: Peak Oil isn't about running out. It's the point where it is no longer CHEAP. No longer cheap enough for most people to afford. Modern society depends on it for almost everything. It is the precursor to an enormous number of goods and services. When it becomes too expensive, and stays there, everything we are used to will collapse.
That day will come.