http://www.dailykos.com/storyonly/2008/7/22/231738/464/856/555453 I think lying about oil availability to fund speculation is criminal. We should go after these people like they are stealing from you, because they are.
I would not, however, want to retard the progress of our alternate fuel explorations, so let's be careful in our happiness. Yes, there is more oil, a lot more, more than the Saudis can sell right now. It is not enough to last forever, and we should develop better methods that decrease our dependence and interest in the middle east anyway.