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  2. Predicting the timing of peak oil - Wikipedia

    en.wikipedia.org/wiki/Predicting_the_timing_of...

    Hubbert's upper-bound prediction for US crude oil production (1956), and actual lower-48 states production through 2014 Norway's oil production and a Hubbert curve approximating it. United Kingdom oil production 1975-2012 (data from DECC) Canadian conventional oil production peaked in 1973, but oil sands production will increase to at least 2020

  3. Investment Bank Lowers Oil Demand Forecast for 2012 - AOL

    www.aol.com/news/2012-12-06-investment-bank...

    U.S. demand for oil in September fell by 5.5% month-over-month and by about 3.8% year-over-year to around 18.35 million barrels a day. For the full year, demand is expected to decline by less than 1%.

  4. 2011–2013 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2011–2013_world_oil...

    The average price of gas was $3.51, with predictions of $3.25 by November, but it was below $3 in some markets. [19] During October, the price of oil rose 22%, the fastest pace since February, as worries over the U.S. economy decreased, leading to predictions of $4 by early 2012. As of November 8, the price reached $96.80.

  5. Hubbert peak theory - Wikipedia

    en.wikipedia.org/wiki/Hubbert_peak_theory

    The standard Hubbert curve.For applications, the x and y scales are replaced by time and production scales. U.S. Oil Production and Imports 1910 to 2012. In 1956, Hubbert proposed that fossil fuel production in a given region over time would follow a roughly bell-shaped curve without giving a precise formula; he later used the Hubbert curve, the derivative of the logistic curve, [6] [7] for ...

  6. 2012 Could Be a Disaster for Big Oil - AOL

    www.aol.com/news/2012-01-23-2012-could-be-a...

    The past year has been a boon for exploration and production (E&P) companies, thanks to higher crude oil prices. Oil companies -- especially Big Oil -- were able to garner comparatively higher ...

  7. How Oil Companies Plan to Spend Their Cash in 2012 - AOL

    www.aol.com/news/2011-12-13-how-oil-companies...

    If the capital expenditure budgets of major oil and gas players are any indication, 2012 will be the year of natural gas liquids and liquefied natural gas. Though only a few companies have ...

  8. Oil depletion - Wikipedia

    en.wikipedia.org/wiki/Oil_depletion

    Oil depletion is the decline in oil production of a well, oil field, or geographic area. [1] The Hubbert peak theory makes predictions of production rates based on prior discovery rates and anticipated production rates. Hubbert curves predict that the production curves of non-renewing resources approximate a bell curve.

  9. Jeff Rubin - Wikipedia

    en.wikipedia.org/wiki/Jeff_Rubin

    [citation needed] However, in 2008, when a barrel of oil was $135, Rubin predicted that the price will reach $225 by 2012. [3] This prediction turned out to be wrong with the price of oil crashing in 2009, which – despite a rebound from 2011 to 2014 – stayed relatively low until 2016.