I like the fact that if the US continues at such a high rate of consumption of oil, and if China gets up to speed and matches us any time soon, in less than twenty years we will have depleted all of our sources of oil. So, now seems to be the time to start investigating alternative sources of power.
And war is not a viable option...why go to war for something that there is so little of? And the War In Iraq has nothing to do with oil...just look at the export charts, Iraq has very little.