Yes, it's time for a euphemism:

From Wikipedia:

A euphemism is an expression intended by the speaker to be less offensive, disturbing, or troubling to the listener than the word or phrase it replaces, or in the case of doublespeak to make it less troublesome for the speaker.

So, what are some euphemisms for Peak Oil?

Supply-constrained,supply/demand imbalances, etc....

Anymore out there we can use as covert buzzwords?

"Oil supply crunch point"
"Fresh out"?

"Running on empty"?

"Hitting the bottom of the tank"?

Hmmm.... maybe I don't have quite the temprament for the marketing world...

"Fresh out"?

"Running on empty"?

"Hitting the bottom of the tank"?

Don't you guys get it? The gas gauge is only down to 1/2 full - maybe not even that low yet. We're talking maybe 50% consumed, not 90+%. I prefer the phrase "the end of cheap oil" - and even that remains to be seen...

It's just a metaphor. If it is being applied to the ability to increase production, and the meter is measuring "ability to increase", well, then at that point your rate is zero and then, eh, negative. aka depletion

So in that case your little meter that you have there is not measuring ability-to-increase, rather, it represents reserves. Two different considerations.

Just depends on how you market the metaphor, so to speak. For instance, Richard Heinberg's new book, based on the Rimini Protocol, has a meter showing "less than zero"--which is clearly indicating an ability to increase not an absolute zero. The world is presently around 85mbpd or something like that. I'm pretty sure Heinberg is aware of this given that his job is essentially knowing such mudane yet lurid details. Even at a global 2% conventional oil depletion rate there is obviously oil left, and will be for a very long time... The debate consists of: is there capacity left, and at what price increases, and at what rate of price increases to offset conventional depletion? The biggest question of all is that geological and mathematical point where we've hit highest production crest and begin a dismal decent into the trough of our future. 1970 in the US can be cited as just one example.

This inveigh in the form of "we're not outta gas yet" is appropriate if you're being literalist. But you become an apologist with a snipe at the idea that cheap oil is still around after putting up a straw man with the doubly disengenious tank half empty lament--which, btw, is the same illogical and fatuous argument that people like Greg Pallast and various others make to decry the idea that more is wrong in the US than simply the neocons securing "our interests", a translation for "invading countries".

Everyone should know that something has gone awry. All you have to do is turn on a TV, good thing I don't own one. Alas, there is enough BS in the newspaper--why in the world would I need a TV?

I think I'll make that previous paragraph my signiture on here...

I use "oil supply and demand imbalances" or "growing oil demand vs. oil supply constraints." The supply/demand imbalance concept is the camel's nose, and it is easily plugged into a capitalist mindset. After you have talked about price rises and capacity constraints, it is an easy step to "why is it caled a fossil fuel?"
shit hitting the fan
OK, I amend my
"Oil supply crunch point"
to
"Oil supply splat point"
All this is kind of like saying:

            "He passed over"         vs

            "He died"

I'll stick to "Peak Oil".  The truth shouldn't be diluted to the point we don't recognize the problem.  

The emerging energy inconvenience.  You could add 'eternal' in there if you are so inclined.  
As much as the 70's one came and went, I don't think that the term 'ENERGY CRISIS' has been destroyed yet.  For the time being, it might be as good to describe a "Looming Energy Crisis"..  I don't think most people are going to tell you there's NO chance that we might get pinched again, even if they don't believe it will be the death-knell for Oil-fuels..
Oil depletion works for me!! People seem to understand what you're talking when it comes to depletion of resources..
Petroleumly Challenged?
I'm using "oil depletion" with very good results.  It gets the point across, and the term is likely to remain unloaded for quite some time because it's value neutral.  Any catchphrase like "Peak Oil" can be turned back on its users in a way that a simple factual description cannot.
A euphemism is an expression intended by the speaker to be less offensive, disturbing, or troubling to the listener than the word or phrase it replaces, or in the case of doublespeak to make it less troublesome for the speaker.

What are we going to do about, you know ........,

"That Addicted-to-Oil Thing"?

Euphemisms? Here are some:

1.World ending crisis #638
2.
BirdFluIranNukesPeakOilWhoopingCoughIslamofascismCommunismTsunamiGlobalWarmingMcDeath
3. Business Opportunity

How about this for a slogan, "Peak Oil is the new Black...Death"

Excellent contributions, one and all.  Now, do NOT ever use the words "Peak Oil" again because it has been successful "framed" into a nutjob, lunatic theory.
But what *ssholes you'll look like when you start scurrying for cover under terms like "oil depletion."

Kinda like creationism redubbed as "intelligent design."

In reality, I was just poking fun at all "euphemims" you see out there in financial / economic / political rags.  

They can't use the "PO" phrase or the thin veneer will chip away and the lonely little wizard pulling the strings will be revealed.

... successful "framed" into a nutjob, lunatic theory.

Let's all repeat together, "the MSM did that" and create OUR consensual reality.