News Monterey oil 96% lower than expected

Resources are a big interest of mine. I figure I'll keep one thread on the subject rather than starting new ones.
http://www.resilience.org/stories/2...orecasts-decline-in-north-american-oil-supply
The latest news is that the IEA has issued a much more pessimistic report than usual. Even they're recognizing the problems. For the sake of humanity, it's best that we find new very large sources of oil within the next 1-2 years.