Who says petroleum is a nonrenewal resource?http://www.timesonline.co.uk/tol/news/environment/article4133668.ece
There's your new technology, maybe not ready for the big time, but many more developments like this in the next few years won't surprise me. We survived the '70s (complete with line-ups at the pumps!) and we'll survive this crisis, too. My opinion, of course, but I've always been an optimist!
Somewhat off topic:
As I write this, we hear an ad stating, "We have to put climate change in reverse." Lynn wonders which direction that would be, now that it's not PC to call it Global Warming after such a cold winter. Good question! (I'll bet dinosaurs wondered the same thing; now we flame them in our buses.)