It may be that politicians, even if they are PO aware will be reluctant to speak out. When confronted with an unusual challenge or novel threat, the most common response of administrators is to ignore it. Errors of commission are seen to be worse than errors of omission. In business and public administration it is always good to be correct, but if one has to be wrong, it is best to be wrong at the same time as everyone else and if you don't do anything you can't do anthing wrong! From their point of view it is a no-brainer.

Tom Whipple put it this way:

“Thus, the real dilemma of coping (with) peak oil, for a while at least, is really quite simple. If the government should lay out the full ramifications of peaking in hopes of rallying the people to make preparations, the most immediate consequence is likely to be serious economic setback triggered by an unambiguous announcement itself.
The alternative is to remain silent. Leave the future a bit murky with room for hope. Don’t panic anybody into selling assets or husbanding their money with talk of an unaffordable future. Talk about reducing dependence of foreign oil instead. This carries the implication that the foreign oil will always be there in an emergency and that reducing dependence will be a matter of patriotic choice not necessity.
As no responsible government wants to see economic troubles start any sooner than absolutely necessary, there will probably never be a strong, clear, unambiguous, widely disseminated report on the timing of peak oil.”

Maybe W will announce peak oil as a parting gift to his successor. That could set up a chance for Republican victories in 2010 and 2012, because of the economic downturn that would likely result.

I can see how governmental members might not want to publicize PO or threats of economic collapse. However, they should be making quiet preparations. For example, we could have heavily funded NREL (National Renewable Energy Laboratory) for the last decade or more. Just like Kennedy set a goal of putting a man on the moon we could have set a goal of XX% of electric power generated by the sun. We could have been building a series of 1GW solar power plants as experiments. We could have been slowly ratcheting up CAFE standards. None of this has to be related to a public sense of panic or fear.

On a side note, this administration has had no qualms about scaring the public with threats of terror, mushroom clouds over American cities, etc. Recall the advice to go out and buy duct tape and plastic sheeting?