Replying to OIL Crisis, will the world change?

So....i know people got tired of reading these threads, but i haven't seen one in awhile. In the near future there is going to be a huge shortage of oil, that isn't to say that we are running out, its that as oil becomes more rare it takes more energy to get it out of the ground, and the demand also goes up as there is less of it to be had.  Without oil are current social economic society can not operate. It took the Earth hundreads of millions of years to store up all of this energy in the form of Oil, and it is very difficult to create this much energy off of other fuel sources. The end of oil, or scarcity of it will also mean a lack of plastics, and many other regular day to day products.    ANYWAYS.......here is a new article from CBC recently published showing the International Energy Agencys (IEA) findings. Interesting to browse through. 
http://www.cbc.ca/consumer/story/2007/07/09/oilshortage070709.html

Here is another website with plenty more information on the matter and the concept of peak oil, it also trys to predict some repercushions of this event. 
http://www.lifeaftertheoilcrash.net/