With just two years to go in our decade-long bet, the race could hardly be closer.

The basket o' Big Macs is worth $87.55, and oil barrels are trading in the mid-90s.

Oil has stubbornly held on to the higher price for most of the past eight years, but now and then takes a dip below the burger line, giving me hope.

Peak Oil is still an idea whose time has not yet come.