The earth is running out of oil. Why is this not the top story every day, all the time? [View all]

The US has about five years worth of available oil reserves. The earth has about fifty years. Shell is at peak oil. My grandchildren will have no oil by the time they are my age. What am I missing here? Forget fossil fuels effects on the environment. Forget arbitrary target dates for getting off fossil fuels. That date is coming regardless of our goals. Isn't this a catastrophe all ready in the works? I don't get it. Am I not understanding what "peak oil" or "proven oil reserves means? Someone please explain to me why this is not the most important story of our times, regardless of political party.