Energy efficiency via new technology, not conservation is key.
As rates increase over the next few years the USD will rebound, barring a major geopolitical crisis~price of oil and gold will eventually retard and then retract, oil won't look like such a great speculative investment and Russia and Venzeuela won't be so cocky.
High price of oil is a direct side effect to a once robust but now confused world economy, this has far less to do with geology than one may think and that is good news for pilots.
This is the free market economy operating on a real time global scale and it will take some time to shake itself out just like in the housing inflation or recent and oil boom/bust periods in times past. This bubble is alot of hot air, lacking firmness and reality and it will eventually burst and take a lot of investors with it.
Peak oil, carbon footprint, deforesting, global warming, alternative energy is every bit an industry as much as it is a political movement. Buyer Beware.
EAHINC