It doesn't sound like you understand what "peak oil" means. It was always the opposite of a lie: a logical truism. If you have a limited resource and an incre

It doesn't sound like you understand what "peak oil" means. It was always the opposite of a lie: a logical truism. If you have a limited resource and an increasing rate of use, there will a point in time where that rate of use peaks, i.e. reaches a maximum and then declines. That's just (very) basic mathematical truth. And scarcity incentivizing innovations in extraction and processing changes absolutely nothing about it, those things are just (part of) the reason why the peak will be followed by a gradual decline rather than consumption continuing to rise until the day before all reserves are depleted.