When the Soviet Union collapsed in 1990, Cuba lost over half its oil imports. They reorganized, went full-tilt green, and has survived surprisingly well. What Cuba did could become a model for the future, because not only is oil running out, the use of it contributes to global warming.
Cuba transitioned from large scale farming, with its heavy use of oil-based fertilizer and pesticides to small organic farms and urban gardens. Not only do they use vastly less oil now, their food is primarily organic and gthus much healthier!
The Community Solution has made a film about this, The Power of Community. How Cuba Survived Peak Oil.
Cuba has accomplished something we can all learn from, all we need to do is listen.
The Oil Drum links to a video about the movie.