This is a repost from yesterday.
I have cleaned up the links and made them more useful and removed a couple that no longer had articles available.
It is a long post, though, IMHO, worth reading. The comments, too, shed more light on the situation. Things are not only as bad as you think, they're as bad as (or worse than) than you can imagine.
Got oil?
http://www.dailykos.com/...
Please take the poll at the end of the referenced article, and please recommend the article if you like it.