Hubbert's Peak: the impending oil shortage
October 18, 2002 1:38 PM Subscribe
Hubbert's Peak: the impending oil shortage Is this the REAL reason behind the push to invade Iraq? In 1956. M. King Hubbert, a respected petroleum geologist, predicted - to within a year! - the peak in US oil production: 1970. US oil production has declined every year since. Using the same statistical methods, others now predict a world peak in oil production within a decade or even as early as 2006.
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