Mexico and Saudi Arabia’s oil production appear to have gone into decline; world stockpiles of oil are declining. In the U.S., refinery closures have kept gasoline stockpiles tight and prices are soaring.

Peak oil is making it into the mainstream news–four experts in the field have recently spoken about it;

Matt Simmons.

Boone Pickens.

Paul Barclay, and

James Kunsler.

“The best new oil basin we will ever find is the one called ‘conservation.’” –Simmons