oil production to peak in 2010, while demand increases

http://money.cnn.com/2007/09/14/news/economy/peak_oil/index.htm?cnn=yes

If you have rising demand for oil from India, China, and elsewhere, at the same time that supply will start to dwindle, that is a problem.
A smart society would wean itself from oil in favor or renewable, less polluting energy resources. Is the US preparing for this change? Not fast enough, I don't think.