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Re: tilavestor post# 19256

Friday, 06/20/2008 2:11:52 PM

Friday, June 20, 2008 2:11:52 PM

Post# of 49592
Fifty two years ago - on March 8, 1956 - famed geologist and geophysicist M. King Hubbert stepped to the podium at the Spring meeting of the Southwest Section of the American Petroleum Institute and delivered a speech predicting that U.S. oil production would peak within 10-15 years. When oil did in fact peak in 1970, Hubbert enjoyed several years of acclaim and public attention during the mid to late 1970s. Hubbert’s calculations indicated that world oil peak would occur around 2000 but could be delayed 5-10 years or more by significant disruptions in world oil production. It now appears that conventional oil peaked in 2005.

pretty good reading...I love history now, funny how I hated it in school lol

http://channelinghubbert.com/tag/peak-oil/

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