Maybe it could look stupid, but I would like to repeat the concept as it seems to me there are a lots of people suffering too much here.
It was nice to hear oil does not influence fertilizer so much. All the doomer blogs always say a different thing.
Resuming what I read from the thread ("I am just home from the Uppsala Peak Oil seminar!") http://www.peakoil.com/fortopic8144.html :
1) Electricity production will survive peak oil (it depends from natural gas which will peak much after).
2) Food production will survive as well (bread might cost 10% more).
3) The only sector that will be deeply affected is transportation.
That sounds to me as there is more probability for a soft landing.




; ENEL, national Italian electricity producer, planned to become completely independent from oil within 2010-2012. 