$this->bbcode_second_pass_quote('OilsNotWell', 'I') wish I could tell you there will be no problems, but I can't. But bear in mind, Matt's book is a vision of the possible, not necessarily the probable.
However, the truth is oil will peak. When is subject to debate. Use your own judgments and read the work of as many others as you can. Remember too, peak oil is not peak energy, that will be a while. Tough times are likely ahead. Plan for them, imagine yourself 200 years ago, etc. But don't quit the job, load up on ammunition, bar the door yet, ok?
Your reaction is normal. Like stages of grief, you will go through a few things, which can vary from person to person:
1) Ignorance or Denial
2) Background Awareness (the "I guess I always knew about it, but never 'thought' about it")
3) Epiphany (this is the stage where everything you've realized you've known "deep-down" hits home, and this is truth - inescapable and brutal. In your lifetime, your children's lifetime type.
4) Shock!
5) Panic and Fear - You search for reassurances ("this can't be true!")..there are no good ones.. The denial urge can be very powerful and you want to draw back into its' relative security.
6) Intensive Search, mentally or otherwise, for survival modes to fit you best
6) Search for Deeper Explanation or Refutation. (some go back to stage 1, some move on)
7) Numbness. (leading, possibly, to "Learned Helplessness" or apathy: "giving up", "what's the use anyway")

Urge to connect and share with others, drawing closer to family, or talking about it with others
9) Idea to generate ameliorative remedies (soft landing v. feared hard crash) [Heinberg's "Powerdown" approach, but knowing what you know about human nature, you fear this just isn't likely, resource wars are probable response]
10) Acceptance of fate (planning for the worst, but hoping for the best)
You are not alone in your process. The world will NOT end tomorrow, the sun will rise again, I assure you. But take a deep breath, look around you: you are aware, and are alive. Life can be short and tenuous - many around the world (and our ancestors) know and have known this all along. Take pleasure in small things, of being alive. Find what makes you happy. If you are spiritual, search for a deeper meaning. If you are not, find serenity wherever you can...whether it's by a clear blue mountain stream or just dreaming of one..
The process can vary in time from a few days to several weeks to several months. Probably around a 1-2 weeks I would guess on average.
Be happy, though, you've taken the red pill. Your mind is now freer than it was before, and your eyes see better...
For me, it was like a birthday.
I went through Stages 1-10 over the course of about 2 hours last night. Someone gave me a link to Matt's book, I was pleased to see it available for download (i'm a poor college student in USA) and read just about the whole thing last night, I was glued to the book. After everything hit home, I decided I HAD to talk to someone about this. I told some friends about peak oil. Every response I received was the same: "We have plenty of oil left... There's tons of it under the ocean... What book did you read? Oh well you shouldn't just listen to what one guy has to say, he's probably crazy..." No one would listen to the FACTS I presented. This just aggravated me. Perfect examples of ignorance in my own country. I feel ashamed to be an American today. Sure, we have the most advanced civilization in the history of the world, but for what? We have made so many drastic mistakes, and they are finally catching up to us. We deserve it.
Another thing: I am assuming most if not all of you have read Matt's book. The part that interested me the most was the entire political coup run by the Bush administration to seize power in America, re-do Operation Northwoods, plan and execute 9/11 in order to begin making USA a police state, fascism, etc, while increasing our military presence around the world's oil reserves. I have heard theories that 9/11 was indeed an inside job, but have always been skeptic of them by nature. However, this one makes too much sense to me. Now I really want to know what you people on this forum believe about this coup. I am conscious enough of my surroundings to know that I simply cannot go out and tell people 9/11, Iraq, Patriot Act and everything else was a scam formed by the US Govt in order to get precious oil. Most people just can't accept that, period. They will immediately assume you are an unpatriotic asshole because 9/11 is such an emotional issue to so many people. This makes it such a powerful tool for Bush/Cheney to use because NO ONE will question something this entirely huge. Maybe our grandkids will read about the real deal in their history textbooks. Or should I say, on the walls of their caves.