This is a pretty powerful graphic. It illustrates that global oil production has not increased since the July 2006 peak, and shows a number of production forecasts that predict(ed) an oil production peak before 2020. The notes accompanying this graphic are worth reading, as is the rest of the extremely detailed post on The Oil Drum in which it appears.
We are entering a new world, and the effects are just now starting to be felt. There are many indications that the transition will not be a smooth one (for example, see here, here, and here), but there is reason to hope that there could eventually be some fairly positive outcomes, especially if we get busy RIGHT NOW. The re-localization movement is one effort in particular that gives me some reason to feel optimistic that we might be able to handle this transition.
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