Oil supply goes downhill from here

Start putting together your Mad Max mobile. Read up on some literature so you can expect what comes next. Global petrol supplies reached the highest they can get, and it can only plunge from here.

from New Scientist:

EWG analysed oil production figures and predicted it would fall by 7 per cent a year, dropping to half of current levels by 2030. The announcement comes as oil prices reached record highs last week, at more than $90 a barrel, and contradicts optimistic projections by the International Energy Agency in Paris, France.