Actually, this is partly the fruits of their work.<p>It seems like we&#x27;re experiencing peak oil demand, rather than peak supply.<p>I&#x27;m not sure if the &quot;peak oil prophets&quot; considered this possibility - that their warnings will actually be heard, measures will be taken and we will avoid running out of oil.<p>Now that we&#x27;re here, is peak demand less scary than peak supply ?