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The irony here is that if we keep on breeding like this we're going to hit problems which could actually mean the end of our planet and thus our species and all other species on it.
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You need to justify this point. How is an increasing third world population and approximately constant first world population going to destroy Planet Earth?
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Maybe so but as recently as last week there was news that in the UK the population's rocketed again and there's more people here than anybody thought. There's still a population overflow in the West as well as the 3rd world countries.
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That's probably more to do with immigration than birthing rates.
As for the petrol thing: We're approximately 15 years from the point where the premium oil wells run out. After that, there are huge amounts of crappy resources; for instance when the oil is mixed in with mud or shale. The problem is that the processess to get the oil out of these are incredibly expensive, so either new processes need to be invented, or oil is going to get so pricey that no-one will be able to afford to run a petrol car.