Remember, the goal is to keep people asleep, keep them willing to take 30 year mortgages, keep them charging up those credit cards, keep them flying about, keep them buying SUVs.

Not only are political limits and geological limits not mutually exclusive, but the recognition of peak oil and the fact that we're swimming in oil is, by definition, not contradictory.  

Peak is Peak!  The Most!  The Zenith!  The Apogee!  The Tops!  

Anyone who converts a discussion of peak oil into a claim that "those sillies claim we're running out of oil" is either a moron or a disinformation agent intent on keeping the discussion away from what happens when supply starts going down while demand wants to keep going up.

The 5% Project

We're at roughly the halfway point, not running on empty.

However the last little bits are inside some of the most difficult regions of the world to work with.

Largely this is why you see the rightwing thinking only how to replace oil with domestic coal.

Peak Oil is a great prodding device to get the rightwing to move, but it's not the biggest issue to worry about.

Global warming is the issue.
And if we want to merely liquify coal to get our cheap gasoline, then we're completely missing the point.

-David Ahlport