thompsonx
Posts: 23322
Joined: 10/1/2006 Status: offline
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ORIGINAL: DaddySatyr I may have this wrong You have that part right. but I think there was a guy named Hubbert, who, back in the 50s said we'd run out of oil by the 70s. Ooooops! Do you just open your mouth to change feet? Wasn't there a report, just in the last couple of years that we'd hit a world peak like ... about ... last Thursday?? "Hubbert's upper-bound estimate, which he regarded as optimistic, accurately predicted that US oil production would peak in 1970, although the actual peak was 17% higher than Hubbert's curve. Production declined, as Hubbert had predicted, and stayed within 10 percent of Hubbert's predicted value from 1974 through 1994;" https://en.wikipedia.org/wiki/Hubbert_peak_theory
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