As others have stated the status quo requires us to maintain current oil production not only to power farm machinery but also for fertiliser production, packaging etc and food transportation. We here in England are now net importers of oil, gas, coal, food and we have an ever increasing trade deficit. Hardly reassuring. Oh and oil production is set to continue declining..

http://www.theoildrum.com/node/5177

http://www.theoildrum.com/node/5241