Oil Depletion

As we all know, everything we do is dependent on oil. Electricity comes from burned fossil fuels (Hydroelectric plants, Nuclear Plants and such are all powered using oil). Do you think it will happen with in the next 15-20 years? If so, what do you think will happen? How fucked will we all be?

The price of oil will continue to rise and rise, and then will be replaced by something else when it becomes ridiculous. No hueg war, just market flucation.