Creative Speculation

What peak oil means is that we've exhausted half the worlds supply of oil; all oil.

So that means we can never 'up' our production really, or increase the supply of oil beyond what we could do before peak oil.

Demand had nothing to do with peak oil. Peak Oil represents half the world's petroleum resources. Thats is; that's the definition.

So once past peak, meaning we used half of the world's black gold, we can never supply more, no matter how much we try.

If we have a burger and I eat half, when you get the other half that's all you can eat is a half - you can't eat a whole burger.

Demand will become extremely important, well we see it now, once we're past peak oil becaue it becomes more and more like a raree-earth mineral - so to speak.