[LS]

My college students are usually sucked into the "scarcity" theories til I ask them, "When do you go out for more beer in the fridge?" Answer, "We'll, when we start running low."

Bingo.

[PA Engineer]

My college students are usually sucked into the "scarcity" theories til I ask them, "When do you go out for more beer in the fridge?" Answer, "We'll, when we start running low."

Excellent analogy that may work with both the ill informed and most importantly, the misinformed.

[spokeshave]

My college students are usually sucked into the "scarcity" theories

Then tell them about the Green River deposits... According to the US Geological Survey in Feb this year the deposits weigh in at 3 Trillion Barrels of oil....with 1 Trillion Barrels recoverable with today's technology.,...

and for the Peak Oil fanatics...1 Trillion Barrels of oil is about equal to the entire world's known reserves of oil.