And, come to think of it, Peak Oil is NOT a theory. Here in the US, we have already peaked, and our oil production is declining. Mexico is in the same boat, as are a lot of other countries.
If countries are Peaking, isn't it rather safe to assume that, unless our demand for oil is drastically cut, that Peaking will continue at other countries around the world?
cliff
NBO
PS-I would equate it to the "Earth is a Sphere" theory. I don't think it is a "theory", but some people do, and claim that the earth is actually flat. They are wrong.