A new multi-disciplinary study led by the University of Maryland calls for immediate action... and argues that the bulk of independent, credible studies indicate that a "production peak for conventional oil [is] likely before 2030", with a "significant risk" it could occur "before 2020."
"Given that there is substantial evidence that Peak Oil is imminent, the paucity of research looking at the potential economic impacts of this phenomenon is surprising."
and points to evidence that high oil prices were a "partial cause" for the 2008 global financial crisis.