King Hubbert, a US geoscientist working for fossil fuel giant Shell, projected -- based on statistical modeling of known oil reserves at the time -- that global crude oil production would peak ...

By peak oil, I am referring to the peak oil supply ... Except that in the real world, production follows a wide variety of paths (which Hubbert himself originally said), which means historical ...

A completely different case is that of crude oil in the US, where the post-peak decline is compatible with the Hubbert model. Here is a comparison of the two cases (from EIA ). The scale is ...