You are correct that some private firms are beginning to hedge their bets (or in Tesla's case, directly offer a competing product), but I was referring to gover

You are correct that some private firms are beginning to hedge their bets (or in Tesla's case, directly offer a competing product), but I was referring to government...as you guessed. We've seen numerous examples of abuse of the free market - I don't think that a few companies pushing us past the point of comfort with respect to oil production is a far-fetched scenario. Personally speaking, I would like some level of government intervention. The identification of my argument as being analogous to Pascal's Wager is interesting (that was a great read, thank you for linking), but is not compelling enough to dissuade me. If I'm reading the tone of your posts correctly, you do not agree that peak oil is something to be concerned about; what is your counter-argument?