Peak oil could be much closer than previously thought, or rather may already be safely done.
Wikileaks has published some documents to prove it a habit of cheating Saudi emirs of which was suspected for years in the OPEC.
In Saudi Arabia it would deliberately inflated by more than 40% oil capacity inventing the beauty of 300 billion barrels that do not exist.
A little vice, that of the Saudi oil industry, which has two strong implications: one, if the Saudi oil reserves are not sufficient to support prices, it is likely a jump in crude oil prices, making it more expensive than the cost of energy bills in the West .
Secondly, the scarcity of oil reserves could redesign some balance of power nell'instabile Middle East chessboard.
What is certain is that the end of the civilization of oil is approaching with great strides and the search for alternatives should be strongly encouraged, not opposed.