The National Petroleum Council (NPC) has acknowledged peak oil. If you don't know anything about the NPC here's a bit from their mission statement.
The purpose of the NPC is solely to represent the views of the oil and natural gas industries in advising, informing, and making recommendations to the Secretary of Energy with respect to any matter relating to oil and natural gas..
The short summary is, we've won respect and acknowledgment of our point of view, which is the most prudent view of the world oil supply. The new question is how to exploit our new advantage so that the world immediately embarks on mitigation to avoid the dire consequences projected by many folks.
By the way, this report, straight from the mouth of Lee Raymond and big oil is entitled, 'Facing the Hard Truths about Energy.' That sort of sums it up doesn't it?
The Oil Drum covers NPC report
EB covers NPC report
The NPC full report (pdf)