Clearly you do not understand what "peak oil" is and have confused it with "running out of oil".  We are not "running out of oil" any time soon.  Predictions made by M. King Hubbert that production of oil from pressurized reservoirs (ie. conventional oil) would peak about a half century after 1956 were true.  M. King Hubbert himself predicted how fracking would work.  The days of drilling gushers are numbered, oil production requires much more energy input today (akin to how a battery operates), and we aren't "running out of oil".  These are all tenets of "Peak Oil Theory" that you ignore at your peril.