Over at The Oil Drum Stuart Staniford has posted an excellent summary of the arrival of peak oil. Currently 363 comments, you have to love group learning and sharing! The Oil Drum community is one of the most amazing. Just to get you started:

Why peak oil is probably about now

This post is for the benefit of those readers whose friends or relatives just spat out their coffee over their morning New York Times in surprise that oil is starting to run out and nobody warned them before now. If you are looking around for more background information, I would like to summarize a series of arguments and analyses that have led me to the view that peak oil is most likely occurring about now, give or take a year or two. My personal coffee-spitting incident occurred about a year ago, and this is some of what I’ve figured out

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