The trickle of Peak Oil articles has turned into a flood recently. First came the chief economist for the International Energy Agency (IEA), Dr. Fatih Birol, with the shocking announcement that "My main motto never changes, the era of low oil prices is over." Then there were the whistleblowers at the IEA who alleged that the IEA's rosy forecasts of rising production timed perfectly to satisfy rising demand had been rigged at the request of the United States. "We have entered the Peak Oil zone. I think that the situation is really bad," one whistleblower said. Then, Warren Buffet made his "all-in" wager on rail transportation. Now, even the Wall Street Journal has capitulated. Last week, they ran a front-page story titled "Oil officials see limit looming on production". The actual Wall Street Journal site requires a subscription, but it has been mirrored a number of places online if you're interested. The first paragraph of the story reads:

A growing number of oil-industry chieftains are endorsing an idea long deemed fringe: The world is approaching a practical limit to the number of barrels of crude oil that can be pumped every day.