DYSPEPSIA GENERATION

We have seen the future, and it sucks.

Peak Oil: What Ever Happened to Hubbert’s Peak?

27th July 2017

Read it.

In 1956, geologist M. King Hubbert famously predicted, in a presentation to the American Petroleum Institute, that oil production in the U.S. would peak no later than 1970. To make his estimates, Hubbert added up all the plausible extrapolations of domestic crude oil reserves. His more conservative calculation assumed the ultimate production of 150 billion barrels, in which case production would peak in 1965. But if ultimate production could rise to 200 billion barrels, the peak would be delayed until 1970.

Must be in the same box with the rising sea levels due to Global Warming.

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