There are a lot of reserves in places like southern Illinois that are not being pumped because it cost more to pump it that it can be sold for.

If the price of oil doubled or tripled, we could easily see the output of USA oilfields increase by 50-60% to an all-time high: And that is without even opening the artic reserves.

We are not running out of oil. We are not even running out of cheap oil: Its just that there's even cheaper oil available "over there".

Its called Supply and Demand, and it usually works pretty well, and as alternative sources of energy become available, there will be a worldwide glut of oil.

We won't runnout in our lifetimes, and I would be shocked if we ran out in our grandkids lifetimes.

Scott