Learn about Hubbert's Peak Theory and its implications for oil production, future energy reserves, and economic impact.

The term "peak oil" used to mean the point when global production would top out, before entirely running out. But as the world begins a shift to renewables, will the end of oil production come sooner ...

Typically, in an oil-producing region, extraction starts slow, builds up to a peak as more wells are drilled, and then declines as the cost of accessing what’s left inevitably rises. Drillers ...

The idea of peak oil is familiar to most readers. It refers to the point at which global petroleum production reaches its maximum point and begins an irreversible decline. Turning to the United States ...

In 1956, Marion King Hubbert, a prominent geologist for what is now Royal Dutch Shell, made a bold prediction. Based on an extensive analysis of reserves and production data, he concluded that U.S.

Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Earlier this month, the Organization of Petroleum Exporting ...