Airbus just had a plane fly on a combination of kerosene and GTL.
GTL being the lazyman equivalent of "Gas To Liquid", essentially a liquid carburant made from natural gas. Natural gas: methane, ethane and some other light hydrocarbons can easely be made on an industrial scale, as well as in your backyard. A big enough pile of pig manure is a great source of methane. Farmers across Holland are using "biogas" installations.
One thing I love about mankind: We will always find a way to cope with our problems. when oil runs out, there will be alternatives. The minions might not be able to afford them though ... something to keep in mind.
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