Earlier quoted context omitted.
That's making a rather broad claim from a rather specific one, even if the adherents have a lot of ideological overlap. Peak Oil was predicting a very real phenomenon, but it hasn't happened yet (oil, being finite, will have this happen eventually).
> but it hasn't happened yet To provide some context, I think it is worth quoting this article[0] from February: > In a Thursday statement, the fossil fuel giant [Shell] said its “oil production peaked in 2019,” and that we can now expect it to decline gradually by 1 or 2% per year. Shell also said its total carbon emissions peaked in 2018 at 1.7 gigatonnes. [0] https://gizmodo.com/shell-says-it-has-reached-peak-oil-…
The 'Peak Oil' hypothesis was that all the wells would run dry without good alternatives and society would be trapped between a rock and a hard place because of that. Again, not necessarily for better, humans figured out more technologically advanced ways to extract oil to avoid this outcome (fracking and tar sands).