Check this IEA worldwide oil production table.
http://www.eia.doe.gov/aer/txt/ptb1105.html
It appears that oil production has been relatively flat for the past 4 years. Pretty sad considering the huge run up in demand over the same time period.
Personally, I'm planning on purchasing a natural gas generator for my house once electric cars are common. (within the next 5 years.) I expect there to be local electric shortages and nat. gas is plentiful and cheap in North America. We'll see.
