Today's easy to exploit oil fields are yesterday's hard to exploit ones.
No it's not, that's the real myth. The real myth is that technology will solve every problem. Technology comes with a price and the more technology you need, the more energy you have to use. People always marvel at technology (me too) but they forget it doesn't come cheap.
Step one was: drill a hole and catch the oil. No cost at all.
Step two: drill a hole and add a pump. Still dirt cheap!
Step three: build oil platforms and get oil from the seas. A lot more expensive already.
Step four: drill a hole and inject seawater to keep the pressure up. Yes, we still get oil but for how long.
Step five (fracking): drill a hole and inject chemicals to fracture the rock. Yay! We get oil, but not for long because they have a limited fracking range. Compared to the previous steps this is incredibly clumsy and costly.
Step six: [future] drill holes everywhere, frack everything, inject (sea)water to squeeze out the last drop. Even clumsier.
Step seven: we're done, it's just impossible to get more oil unless we actually dig it up or detonate nukes below ground. We'll burn coal instead.
You see the same in medicine. More and more people can be saved and cured and be kept alive. The first 99% was easy: just some cheap antibiotics. Then come expensive treatments for cancer. Then Aids. Expensive medical equipment to treat complex diseases. And so on. Sure it's possible, and it's great! But it comes at a cost: it's very expensive. And expensive means: less money available for other goodies.
And this all fails to account for nuclear power which is safer and cheaper and more dependable than any non-oil alternative.
I kinda agree with that, although I'm not so keen on having a nuclear reactor in my backyard... I hope the ideas for nuclear fusion and/or for thorium reactors will one day become a reality.
into wind or solar or whatever other nonsense isn't going to actually work.
And as for solar energy: why not... Germany has the guts to go for it, why not other countries?
http://en.wikipedia.org/wiki/Solar_power_in_Germany
I wish my country had the guts (the Netherlands) but my government is cheap and is afraid to invest in something that's real. They rather import oil and burn it into thin air.