Long awaited peak-oil rant

Peak Oil
I have a long-standing argument with a buddy at work over peak oil. He claims peak oil is upon us and the whole world is about to collapse. The economy will be left in tatters, people will revert to wondering bands of nomads, and society will fold in on itself.
While he may be right, I doubt it. And he cannot answer the simple question of why we've hit peak oil. Is it because there isn't enough oil in the ground any more, or do we lack the ability to pump it out at a faster rate?
Think of it this way...you have a giant tub of MoutainDew and 1 straw. Even if the tub if full, you can only get so much out of that 1 straw. So when you need to drink faster, you cannot. Now, what happens if you add a 2nd straw? You can drink your MountainDew twice as fast! (I discovered this while working at a pizza place and getting all the MD I could drink for free).
Now then, the flip side is the case where your giant tub of Dew is almost empty. Nothing but ice cubes in the bottom. No matter how many straws you cram in there, you can't get it out any faster, cause there just isn't enough left in the tub.
So, back to oil. We can hit peak oil due to either of those causes. If our issue is getting it out of the ground faster, we just need more wells and/or better ways of extracting it. It's simply a technology hurdle. But if the problem is that there is no longer enough oil in the ground, we have a real problem.
I also readily admit that we do need to come up with the next fuel source, and we need to do it quickly. Trouble is, there aren’t enough people in this country that are interested in purchasing alternate fuel vehicles to make it profitable in the near future. Therefore, the large automakers (businesses that have profits to worry about) are not going to put much R&D work into it. They just aren't going to see a return on that money in the short term. No return on your money, no profits. No profits for an extended time period, no company.
As soon as the business forecasters see an alternate fuel that they will be able to turn a profit on, they will start making cars using that.
Granted, they are starting to incorporate alternate fuels into current cars, but instead of making them more efficient, per se, many of the hybrids are using it as a way to get more performance with the same economy. Good, but not really helping the oil problems.
The fact that we're waging wars we cannot win in order to secure consistent oil supplies pretty much says where we're at. The only reason we really care about the Middle East is money. There is alot of oil out there, and alot of money in selling weapons. While this would segue quite nicely into my discussion regarding why Muslims hate us so much, I shall save that for another day.

And it begins...

Well, I've offically entered the world of blogs. Why? I've got spare time but don't have any boxes to take a dump in, or a stamp to mark them gauranteed with.
Let's see, what to rant about first.....
Purdue's Football Team
Easy target, but a deserving one. First off, Brandon Kirsch. He's a good QB, I'm not going to challange that. But he's not the right QB. He just cannot make enough of an impact (positive, at least) with his arm. He gives a nice run dimention, but he cannot operate as an game-changing passer in this offense. And in order for this offense to work, the QB has to be a game-changer. Drew Brees, Kyle Orton. Both game-changers, as evidenced by the fact they are both currently starters in the NFL.
Next up, the defense. All 11 starters returning. And yet no one can relyably tackle or cover a receiver. I didn't expect a national title out of them, but I did expect a bowl game. We don't play Michigan or Ohio State this year, and were picked to win the BigTen. How did we respond? By losing every BigTen game to date. 0-5. Reminds me of my freshman year there. But even then we could win a game here or there. And even with the Jim Colletto, "When in doubt give it to Alstott", offense.

I'm going to call it a day for now. Football is on, and it sure isn't going to watch itself. And I really should have gotten more ideas before starting.