OIL SHOCK - SHOULD WE PANIC?

misty · Congressional Page Joined: 05 Nov 2007 Posts: 3

The International Energy Agency has said that world production overall will peak between 2010 and 2020.
How will we be facing that?? Are governments investing enough in other alternative sources??
If the price of oil rises to more than $100 a barrel, will alternative energy sources become more popular?
I think we are not really concerned about the real problem and the way it will affect us...
"The real shock about today's oil shock is that it isn't a shock"