Oil Discovery Forecasts Doomed

Since the early Greeks speculated that the Trojan War was started by the gods to reduce overpopulation, many have feared resource scarcity. The obvious finite nature of non-renewable resources such as minerals combined with occasional shortages and an inability to be certain of future supplies has made this a recurring theme in political economy.

The most obvious modern analogy has been the work two centuries ago by Thomas Malthus, who made a simplistic (and incorrect) calculation of growth trends in population and food supply, and continued by Paul Ehrlich, who continually foresees imminent mass starvation.
Globe and Mail