Sag-D is a method of recovering oil from the oil sands, and is efficient enough to work at the barrel price of 65$
The canadians and americans have billions of bbls trapped in oil shale as well.
1/3 of N America has this oil shale underlysing it.
This is also not taking into account the abiotic oil which the earth produces very deep down in the crust and this supply is presumably inexhaustable unless the fire goes out down there....
The whole peak oil thing is invented by the oil companies im sure.

I thought peak production was reached many years ago? Global oil reserves are certainly far far lower than those advertised by the industry - as gradual public info releases by both corporations and countries of the last couple of years has shown.
Who was the American oil guy that drew up production level charts in the late 50's / early 60's? He showed that global oil reserves and production were at their maximum in the 70's and have been declining steadily since (he extrapolated results forwrd to around 2030 - 2040 when he predicted oil would run out). The scary thing is, he has been almost bang on the money for every decade so far (which admittedly isn't the same as saying that he will be ultimately proved correct). Either way, we have been lied to for years in order to push up stock prices and create more wealth for the wealthy. Surely this false manipulation of the markets is fraud whichever way you look at it? Pessimistic about any charges ever being brough though.....

By the way, i apologise for the fact that i cannot the guy's name. For any out there that can be bothered to look him up, the facts are all out there. Most interestingly is that he is from that background (former corporate oil man) and has no axe to grind, just believes that we should honest about where we are at..........