I'm surprise that Malaysian media seldom talk about this peak oil theory. According to the believers, oil production has or will reach peak production soon. This means the end of cheap energy for human development.
For the skeptics, they will always cite the IEA report that says that oil is abundant. Well, this story in the Guardian about a whistle-blower that alleges that IEA lies about how much oil that the world still has. A must read for everyone.