Recently when I was reading some of the papers M. King Hubbert wrote, one thing struck me was the context in which he made his forecast regarding how world oil supply would peak and decline. He made ...

The world has produced as much conventional crude oil cumulatively, as we have currently in proven reserves. Based on Hubbert curve theory, it is an indication of peak oil. Past peak oil theorists ...

It’s not often that I stumble into anything on the Net that scares me, but this does. A large number of sites declare that we’re about to hit, or have hit, peak oil production and that our ...

The Hubbert model says that, within a reasonably large region, oil production should follow a bell shaped curve. When the model is applied to worldwide oil production, the maximum level of production ...

Each time there is a short-term shortage of oil or the price begins to rise, there is talk of running out of affordable oil, an idea captured by the concept of Peak Oil. Peak Oil is the theoretical ...

Assumptions that oil supplies will start to dwindle come from a legendary episode in the history of petroleum geology. Back in 1956, a geologist named M. King Hubbert predicted that U.S. oil ...

When a barrel of crude oil hit $145 in July of 2008, no one predicted that 8 years later it would be trading at less than $50. T. Boone Pickens, among other oil pros, has predicted that oil can now go ...

(This post originally appeared on the author's blog, The Oil Drum. This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.) The Hubbert model says that, ...

The concept of Peak Oil has been around for decades. But what is it? Some think it refers to the point when the world runs out of oil, after which there will be a global economic crisis and all hell ...