Please read it all before you slam it!
Here is my point of view; I am 14 years old. Even if it happens 20 years from now, I'll still be here.
I am watching the enourmous party the world is throwing thanks to oil. Just look around you. How much do you think was made from oil? The imac's plastic, the silicion for the chips inside was mined and refined with oil and coal which was also mined with oil with refined into gasoline or deisel with more oil. The wood for my bed was harvested by machines burning oil. The metal for my lamp was mined and heated and manufactured by oil and electricity powered by oil and coal. The paint in my room, oil refined and created. Even my clothing was transported to the local store by a oil burning truck, the store itself was built by machines burning oil which were made with oil. Every little thing in my life has had oil involved in someway or another. Just think about how much modernized societies revolve around oil.
For most of the alternatives fuels it is to late. If we wanted to switch to bio-diesel, we couldn't. It would take the entire United States land just to grow enough corn, not including any room for the citizens or for actually feeding them. Our government is inefficient and clogged, they may want to do something, but they can't outrage the public with them admitting their lies of security and safety and taking proactive measures. Not even our way of life will remain, for our entire economic system is based on CONSTANT GROWTH which cannot be mainted if we hope to survive. It's all based on taking out loans with interest to make money (literaly). The key thing there is with INTEREST, it means you have to make more (grow) money than you originally started with, and with out oil you just can't get enough of an efficiant energy return to make enough money to pay it off. So the economy is pretty much doomed for anywhere based on constant growth. Nuclear plants take energy to build and maintain, and by the time we need them, will we have enough energy? Another way to think is to compare money to energy. The more valuable the currency, the more energy you can get with it. So when the economy goes down, the price of everything goes up (inflation) and you get less energy, in whatever form, for more money. With this in mind, remember that everything is subject to the law of diminishing returns, so you can not possibly get more energy out of anything than you put in (remember money = a certain amount of energy) for awhile, the loss is exceptable and it appears that you are gaining energy (money and material goods), but then with out something with as much stored energy as oil, you realize that all you did was convert money (energy promise) into different kind of energy (computers, chairs, speakers, etc.) and that you actualy lost energy in the process.
There will probaly be much generational (from my generation) hatred from those less understanding of previous generations. When people of the same age wake up and look at the enormous party that was thrown by previous generations, there will be anger and hatred. So for those of you enjoying the party, I do so hope for you that you do remember to help cleaning up. What many people do forget in their guesses of how long we have oil for is that China, with the most people on earth, is industrialising. We should not even care about global warming because we will run out of oil before it gets to serious, funny how the earth is just a giant balance.
As for those who doubt that we will ever run out of oil, I would like to remind that the United States oil production peaked in 1971 and has been slipping ever since. Just to let all doubters know that it has already happened in the past, and no fossil fuel is infinite.
P.S. Sorry for the terribly long post and excuse any spelling errors I might have.