The Bureau of Infrastructure, Transport and Regional Economics (BITRE) published a working paper in May 2005 entitled “Is the world running out of oil? A review of the debate”
http://www.bitre.gov.au/info.aspx?NodeId=16&ResourceId=96
Peak oil of course does not mean “running out of oil” but these were the warnings in 2005:
Read more in my critique:
http://www.infrastructure.gov.au/aviation/nap/files_green_paper/MUSHALIK_Matt-CritiqueBTRE_WP61.pdf