Is something big on the horizon?

http://www.cnn.com/2007/TECH/science/08/30/energy.debate/index.html#cnnSTCText?iref=werecommend

From: Zack Wheeler, Seattle, WADate: September 11, 2007
Your view: They should do... I feel that... We need to... I've stopped prefacing statements with these because the fact of the matter is... we won't. America will continue to do what it does best: consume and deplete. We have never learned from our mistakes and we never will. We never plan for a situation, only react to one. There is absolutely NO form of energy we can ramp up to match oil capacity by 2020. That's a fact, do your research. Hydrogen, solar, nuclear, methane, hydro, wind, new technology, n-o-t-h-i-n-g. There is no magic cure, either the cost is too great or the technology is too far behind. Make no mistage about it, we're in resource wars, indefinitely. Our troops will never leave Iraq. Why else would Russia be looking for oil in the Arctic? The concept of Peak Oil is by far the most frightening issue I have ever had the misfortune of researching. Industrialized society has allowed the Earth to balloon from less than 1 billion to over 7 billion in a single century. Non-industrialized Earth can handle 1, maybe 2 billion tops. When oil goes away (not if), guess what's following it. THAT is my concern. THAT is the scary part. At least it's an exciting time to be alive. I'm going to live to see the single greatest economic collapse and the most devastating depression in human history. And the best part, Mother Nature is in the driver's seat.