Thank you for the rich information you’ve brought, joema, and for your important point that transportation is less than half of the petroleum issue. However, what is missing from this discussion is a mention of economics.
Higher petroleum costs will push companies to do what I think they have had little incentive to do up till now: actually research and develop alternative materials and sources for their currently petroleum-based products. Ditto for transportation as well. I do not believe that there is any cause for great alarm that civilization will grind to a halt. Now of course these alternatives will almost certainly be more expensive than the petroleum methods we use now (or else we’d be using them already), and the R&D will be a big expenditure too. Uprooting industries, installing hydrogen pumps, algea ponds, and whatnot will be more money down the drain. No doubt that our industry-derived proportion of GDP will be lower than it would have been had we limitless oil.
But who cares? Oh no, the world GDP will be 5-10% less than what it might’ve been. GDP is meaningless. The world isn’t any happier today than it was when total GDP was a thousandths of what it is now. Everything is relative, and it’s the relatives that matter. Employment matters. Equality matters. Yet both those things are due to much more subtle economic forces that are largely orthogonal to petroleum and total GDP.
What matters is psychology, and the biggest thing we have to fear is us running around reiterating to ourselves how must mourn the passing of cheap oil.
The only thing we have to conern ourselves with is that the price increases due to dwindling oil come on gently and gradually. Not that I think we’ll be plunged into a Great Depression if they don’t. Not at all, the global economy now is too fluid for that (er…i’m already bracing myself for a discussion of economics on that point). Simply, it’d be condusive to not strain people’s nerves (and god knows it no longer takes a Great Depression to do that… in good times the mounds become the mountains… everything is relative).
Anyway, I’m not disagreeing with joema that there aren’t any quick solutions that we could implement and never even notice the passing of the peak. I’m saying that, firstly, it is passing the peak that itself will bring about solutions. And secondly, if the solutions are imperfect (as they’ll likely be), there’s absolutely no reason we can’t just shrug it off and get on with our lives.
Then again… this thread was about discussing cellulose ethanol and not philosophizing about petroleum in general. My apologies. Though I think the OP question has already been well answered and the discussion can be permitted to evolve.