Not sure about the good read... there are just so many other contributing factors that I don't have the time to blend into the mix -- in South America, Russia, UK (in its 'we're part of the EU; we're not part of the EU' bipolar mentality), etc.
The oil industry is unanimous that we're headed into the second half of the game. Geology and geo-politics will make the downward slope much steeper than the upward slope.
The oil embargo 30 years ago was the wake up call that we failed to heed. The decision has been made to continue drilling and pumping until the cost of getting it out of the ground equals the price. We'll stop pumping at that point and real investment into alternatives and conservation will have to be made by those under 30 years old now.
The industry, obviously, would like to see us move more to gas (another temporary fix), and is encouraging a stronger public relations effort to embrace 'energy security' as equal to national/homeland security. The goal being to expand public support for military actions to gain access to resources in the cause of 'defending our way of life.'
Whether that is good policy or not, that's their message, not mine.
Discussing alternatives seems to be a bit futile. The decision has been made to fight for what's left. We're long past the point of bringing back nuclear power construction in time to dampen some of the turbulence soon to come.
One thing for sure, it should be interesting to watch.