text: Look, folks, the ugly truth is that the world is awash with fossil fuels. To start with, The largest single concentration of fossil energy on the planet is the Powder River coal formation in the Northern US. The world has several hundred years worth of coal. The Canadians have huge amounts of oil of course it too is called unconventional oil, because it alone is enough to blow the peak oil claims out of the water. Plus now we have the tight oil, oil in the rocks that is, of course, unconventional.