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  2. Peak oil - Wikipedia

    en.wikipedia.org/wiki/Peak_oil

    Unlike peak oil demand, peak oil generally is concerned with the global supply of oil, due to the importance of oil to the global economy. The central idea revolves around technological advancements such as the development of electric vehicles and potentially biofuels in order to phase out gasoline or diesel powered vehicles. Then, in theory ...

  3. Predicting the timing of peak oil - Wikipedia

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

    In 1956, Hubbert confined his peak oil prediction to that crude oil "producible by methods now in use." [13] By 1962, however, his analyses included future improvements in exploration and production. [14] All of Hubbert's analyses of peak oil specifically excluded oil manufactured from oil shale or mined from oil sands. A 2013 study predicting ...

  4. Hubbert peak theory - Wikipedia

    en.wikipedia.org/wiki/Hubbert_peak_theory

    "Hubbert's peak" can refer to the peaking of production in a particular area, which has now been observed for many fields and regions. Hubbert's peak was thought to have been achieved in the United States contiguous 48 states (that is, excluding Alaska and Hawaii) in the early 1970s. Oil production peaked at 10.2 million barrels (1.62 × 10 ^ 6 m 3) per day in 1970 and then dec

  5. Peak Oil? These Insiders Aren't Too Concerned - AOL

    www.aol.com/2011/11/16/peak-oil-these-insiders...

    Peak oil, or the point in time when petroleum extraction has reached its maximum and production declines, has drawn a lot of attention from speculators. The impacts of oil supply not meeting ...

  6. Uncharted Territory: A Modern Peak Oil Theory - AOL

    www.aol.com/2013/04/06/a-modern-peak-oil-theory

    Peak oil theories have been around for decades. Marion King Hubbert accurately predicted a peak in U.S. oil production in 1956, in the first widely published peak oil theory.

  7. The Shocking Implications of the Rebuke of Peak Oil Theory - AOL

    www.aol.com/news/2013-04-03-the-shocking...

    Peak oil theory has gained widespread recognition at various points over the past several decades, usually during times when fears about oil supply shortages have been at their highest. The theory ...

  8. Hubbert curve - Wikipedia

    en.wikipedia.org/wiki/Hubbert_curve

    Using the curve, Hubbert modeled the rate of petroleum production for several regions, determined by the rate of new oil well discovery, and extrapolated a world production curve. [1] The relative steepness of decline in this projection is the main concern in peak oil discussions.

  9. 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.