What’s Wrong with Peak Oil Theory? Consider ‘Peak Gas’.
This is an abbreviated version of a post at my personal blog. There you will find more detailed text, additional figures and references. In 1956, M. King Hubbert predicted that crude oil production in the U.S. (ex-Alaska) would peak in rate around 1970, to be followed by a long, irreversible decline. Hubbert nailed the timing of the peak, and in doing so, cemented his status | Read More »