Great article - but the scope of affects are too limited.
Chris - You make a great case of connecting declining petroleum reserves to their impact on transportation fuels. Unfortunately, you have yet to explain what increased costs in transportation fuels do beyond making commuting and vacations more expensive. Everyone's yawning and saying "Oh, yeah high fuel prices - again." They don't get the real impacts of declining petroleum stocks beyond their driving inconveniences.
You might want to have an article on how transportation costs impact not only food transportation costs, but food harvest costs, fertilizer costs, and what increasing fuel prices do to peak phosphorus in terms of reducing the total economically feasible reserves of rock phosphates for fertilizer - especially in North America. Not to mention how increased petroluem costs reduces the economic feasibility of biofuels even further. Just a thought.