Jeremy Grantham's (a top-rated money manager who seems to think out-of-the-box and follows the data) has produced the best piece I've read this year on the general topic of Resource Scarcity of which Peak Oil is a key component. Click here for the piece, which begins with a 2 page summary that starting with: "The U.S. GDP growth rate1 that we have become accustomed to for over a hundred years – in excess of 3%
a year – is not just hiding behind temporary setbacks. It is gone forever. Yet most business people (and the Fed) assume that economic growth will recover to its old rates.".
If you are a young engineer who wants to make a difference with your life I'd start with "Possible Positive Responses to the Resource Squeeze" page 13.
As a recent Global Warming agnostic, I found "Rising Environmental Costs" to be particularly of interest.
This is good information that helps me to continue to refine my world-view and macro-economic outlook, but it has not triggered an immediate change in my investing portfolio.
Trying to pass on the good stuff to you, dear reader,